Asian Paints Limited — Important, 04-08-2025: Agreements

Asian Paints and PPG Group have renewed their 50:50 Joint Venture agreements for another 15 years, extending the partnership through 2041. This strategic extension ensures continued leadership in India's industrial, automotive, and specialized coatings sectors. The existing management structure remains, with PPG controlling PPG Asian Paints and Asian Paints controlling Asian Paints PPG. This leverages PPG's technology and Asian Paints' market insights, reinforcing their strong position in a key growth market.