Corporate Announcement
Security Code : 509480    Company : BERGEPAINT    
 
Updates on AcquisitionDownload PDF Download XBRL
  Exchange Received Time  06/06/2017 12:10:08         Exchange Disseminated Time   06/06/2017 12:10:13              Time Taken   00:00:05
Please refer to the announcement made by the Company on 30th May, 2017 wherein it was mentioned that the Board of Directors of the Company had approved acquisition of 100% of the paid up equity share capital of Saboo Coatings Private Limited. A copy of the said announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is attached for your ready reference.

We would like to inform you that the said acquisition was completed after close of business hours on 5th June 2017.

As a result of the above, Saboo Coatings Private Limited is now a 100% subsidiary of Berger Paints India Limited.

The above is for your information and records, please.
 

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