Kansai Nerolac Paints Ltd had earlier signed Share Purchase Agreement (SPA) to acquire 100% equity stake in Perma Construction Aids Private Limited.
The Company has completed the formalities for the acquisition of the equity stake today and has acquired the 100% equity share holding of Perma Construction Aids Pvt. Ltd.
Shares of KANSAI NEROLAC PAINTS LTD. was last trading in BSE at Rs.454.5 as compared to the previous close of Rs. 453. The total number of shares traded during the day was 6566 in over 452 trades.
The stock hit an intraday high of Rs. 474.7 and intraday low of 448.3. The net turnover during the day was Rs. 3017353.