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| Exchange Received Time 30/05/2017 16:11:14 Exchange Disseminated Time 30/05/2017 16:11:18 Time Taken 00:00:04 | | In compliance with Regulation 30 of the Securities and Exchange Board of India ('SEBI') (Listing Obligations and Disclosure Requirements) Regulations 2015 ('LODR Regulations'), read with corresponding circulars and notifications issued thereunder, it is hereby informed to you that Berger Paints India Limited ('the Company') at it Board Meeting held on 30th May, 2017 has approved purchase of 1,03,03,580 equity shares of Saboo Hesse Wood Coatings Private Limited (SHWCPL), representing 51% of the paid-up equity share capital of SHWCPL, subject to limited due diligence and approval of the Reserve Bank of India, if required. The balance 49% is held by Hesse Shares GmbH of Germany. |
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