Breaking News: JK Cements Ltd. Proposes The Acquisition Of Acro Paints At ₹152 Crore Via Its Subsidiary JK Paints
Zee Business Video Team | Updated: December 22, 2022 04:46 PM IST
JK Cements Ltd. proposes the acquisition of Acro Paints Ltd. at Rs 152 crore via its subsidiary JK Paints. JK Paints Ltd. will acquire 60% equity shares of Acro Paints Ltd. Remaining 40% shall be acquired over a period of 12 months, as per the agreement. The deal provides JK Cements Ltd. an entry into the growing vertical of construction chemicals.
