Asian Paints (ASIANPAINT) — Announcement

Asian Paints completed its acquisition of the remaining 40% stake in White Teak, finalizing a 100% ownership of the lighting company for Rs. 188 crores. This concludes a multi-year phased acquisition that began in April 2022, integrating White Teak as a wholly owned subsidiary to expand its home décor portfolio. The transaction, finalized on June 27, 2025, marks a strategic milestone in the company's vertical integration within the decorative lighting sector.

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About Asian Paints Limited (ASIANPAINT)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹2,49,928.58 Cr P/E: 65.0 ROE: 19.8% ROCE: 26.0%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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