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Asian Paints Renews Joint Venture with PPG Group for 15 Years

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Asian Paints Renews Joint Venture with PPG Group for 15 Years

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Asian Paints Ltd. ( (IN:ASIANPAINT) ) has shared an update.

Asian Paints Limited has announced the renewal of its joint venture agreements with PPG Group, USA, extending their partnership for another 15 years. This renewal allows their joint ventures, PPG Asian Paints Private Limited and Asian Paints PPG Private Limited, to continue serving various sectors with industry-leading solutions. The renewal does not materially impact the company’s management or control, maintaining the existing shareholding and management structure.

More about Asian Paints Ltd.

Asian Paints Limited is a leading company in the paint industry, primarily involved in the production and distribution of paints and coatings. The company focuses on providing solutions for industrial, protective, marine, packaging, automotive, and powder coatings sectors.

Average Trading Volume: 53,978

Technical Sentiment Signal: Hold

Current Market Cap: 2330.3B INR

For an in-depth examination of ASIANPAINT stock, go to TipRanks’ Overview page.

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