USD 314,000) making it a wholly owned subsidiary.During the year 2009-10, the company increased the capacity of Sriperumbudur Plant in Tamil Nadu to 140,000 KL per annum. Asian Paints is the holding company of Berger International. Before we will dive into whether you can buy the stock or not but first lets look at the basics.Share price is stuck at INR 10,0 since 22nd July 2020 when it was traded last. This, coupled with rationalisation of other costs (like rents, advertisement & distribution expenses) would lead to a recovery in EBITDA margin (16.6% in Q1FY21), going forward. We operate in 16 countries and have 27 paint manufacturing facilities in the world, servicing consumers in over 65 countries. The company has discontinued production of Phthalic Anhydride from end of July 2017.Asian Paints in India, Bangladesh, Nepal, Sri Lanka and Indonesia (Asia)Additional Director/MD & CEOWorkshops to enhance Soft SkillsAsian Paints manufactures wide range of paints for Decorative and Industrial use.He was a humble and down to earth individual who led the Company without being in the limelight.In February 2015, Kadisco, one of the leading paint companies in Ethiopia became part of the Asian Paints group.
It also offers Water proofing, wall coverings and adhesives in its product portfolio.Causeway Paints in Sri Lanka (Asia)Ankleshwar & Sarigam (Gujarat), Patancheru (Telangana), Kasna (Uttar Pradesh), Sriperumbudur (Tamil Nadu), Rohtak (Haryana), Khandala & Taloja (Maharashtra), Mysuru (Karnataka), Visakhapatam (Andhra Pradesh)Provision of Educational Resources to Students in the form ofThe Asian Paints Colour Academy is equipped with modern facilities like fully equipped classroom with modern A/v facilities, clean and fully equipped modern workshops for hands on trainings, inspiration area & contractor resource centre in order to continually upskill existing painters into specialists.Water recharge through de-silting of lakes.Nurturing Biodiversity within and outside our factory premisesSetting up libraries and science laboratoriesFree Medical Camps for Rural CommunitiesShri Ashwin Choksi was instrumental in strengthening the symbiotic relationship between entrepreneurs and professionals in the Company and promoted a culture which valued equity and fairness, thus enhancing stakeholder value. SCIB Paints became a part of the Asian Paints group in August, 2002.Awareness programs for communities on Health and HygieneZero Incidents of Property DamageAdoption and Infrastructure Development of SchoolsHis sad demise is an irreparable loss to the Company. Not only this but it also has loads of mutual funds it has invested in.The reason why you or I have not bought this stock is because it is trading at INR 10 which is lower than the 1 lakh price tag of this stock.After new promoter’s holding rule ,it is possible to get increased volume for tradingMonths go buy and not a single share is traded. PPG Asian Paints, (earlier known as Asian PPG Industries Pvt Ltd.), established in March 1997, is a 50:50 joint venture between Asian Paints Limited and PPG Industries, Inc., USA. In the Indian context, the problem of water scarcity is further complicated by population growth, urbanization and industrialization. Recently, the company has launched ‘Smart Kitchen’ range for easy installation and design under the Sleek brand.
The company is engaged in manufacturing, selling and distributing modular kitchens as well as kitchen components including wire baskets, cabinets, appliances, accessories, etc.Our CSR Policy focuses on four thrust areasProviding Chairs, Benches and other classroom aidsWe shall organize our work practices to do a job right the first time, every time.The company has come a long way since its small beginnings in 1942.