Sensex

Wednesday, March 16, 2011

Asian Paints Ltd: Updates on Subsidiary Company

Asian Paints Ltd has informed BSE that the Berger International Limited ("BIL"), an indirect subsidiary of the Company, has made an announcement on the Singapore Stock Exchange stating that the increasing civil unrest and declaration of a state of emergency by the Bahrain government on March 15, 2011 has impacted the operations of the BIL's wholly-owned subsidiary, Berger Paints Bahrain W. LL. The Company will closely monitor the situation in Bahrain and will make appropriate announcement in the event of any material development.

The Company has submitted to BSE a copy of the announcement made on March 16, 2011, by Berger International Limited (BIL), Singapore, which is listed on the Singapore Stock Exchange Limited.Read More

No comments: