Asian Paints to invest ~Rs. 200 crores in its own subsidiary
Asian Paints Limited acquires 4.79 crore equity shares of Asian Paints International Private Limited, Singapore, a wholly-owned subsidiary of the company (APIPL). The company acquires 4.79 crore equity shares at the price of SGD (Singapore currency) 0.67 per share. The company acquires for a consideration of approx. SGD 32.1 Mn, ~Rs. 200 crore in Indian…