Asian Paints Ltd.

Asian Paints’ Chemical Plant engaged in manufacturing of Phthalic Anhydride situated at Ankaleshwar, Gujarat, has been temporarily shut-down for replacement of catalyst and annual maintenance. However, this will not be expected to have any material impact on the operations of the company.

Asian Paints is India’s largest paint company and Asia’s third largest paint company with an annual turnover of Rs 5,463 crore. The company along with its subsidiaries has operations in 20 countries across the world and 28 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints-Egypt, Asian Paints, Apco Coatings and Taubmans.