Berger Paints (I) Limited (BERGEPAINT) — Announcement Announcement

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📢 Key Event
Berger Paints announces merger of CB Management Services with MUFG Intime India effective 8 May 2026

🔮 What's Next
Sanction must be obtained by September 2027 or within any extended period mutually agreed upon

💡 Investor Takeaway
Shareholders will receive any dividend declared by the new entity before the merger takes effect, but no new shares will be issued.

Berger Paints (I) Limited announced the merger of its subsidiary CB Management Services Private Limited with MUFG Intime India Private Limited, effective 8 May 2026, following shareholder and creditor approval. The scheme consolidates operations to enhance scale and financial strength, with no adverse impact on stakeholders. Services to shareholders remain unchanged, and the transferor company will be dissolved without issuing new shares. The merger is governed by Section 233 of the Companies Act and requires Regional Director approval by September 2027.

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About Berger Paints (I) Limited (BERGEPAINT)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹62,200.42 Cr P/E: 54.5

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

Berger Paints (I) Limited (BERGEPAINT) — Announcement Announcement

About Berger Paints (I) Limited (BERGEPAINT)

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