Asian Paints Limited — Important, 20-03-2025: Diversification/Disinvestment

Asian Paints has announced a board meeting focused on the completed divestment of its Indonesia operations, with the sale of its entire stake in PT Asian Paints Indonesia and PT Asian Paints Color Indonesia for SGD 6.8 million (approximately Rs. 44 crores). These subsidiaries are no longer part of the company's structure as of March 20, 2025. This strategic move is likely to enhance focus on core markets and improve operational efficiency. Investors may view this divestment positively as a step towards optimizing the company's portfolio, potentially reducing risks associated with international operations.