Asian Paints Limited — Updates, 04-08-2025: Press Release

Asian Paints has extended its 50:50 joint venture partnership with PPG Group for an additional 15 years. This renewal ensures that PPG Asian Paints and Asian Paints PPG will continue providing industry-leading solutions across industrial, protective, marine, packaging, automotive, and powder coatings segments. The current 50:50 shareholding and management control structure, where PPG controls PPGAP and Asian Paints controls APPPG, will remain unchanged. This strategic move leverages PPG's technological expertise and Asian Paints' strong market presence. The company confirms no material financial impact from this extension, maintaining its existing operational framework.