422.25 4.45(1.07%)
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Berger Paints India Limited was formerly incorporated on December 17, 1923 as 'Hadfield's (India) Limited 'in Kolkata. On December 12, 1947, British Paints Holdings acquired the Company and the name was changed into British Paints (India) Limited. In the year 1965, British Paints (Holdings) Limited, UK was acquired by Celanese Corporation, USA. As a result, the controlling interest of the Company passed on to CELEURO NV, Holland. In year 1969, Celanese Corporation sold their interest in the Indian company to Berger, Jenson Nicholson Limited, UK. In December 1983, it changed the name to Berger Paints India Limited.The Company is engaged in manufacturing and selling of paints, varnishes and enamels for various applications. The company is headquartered in Calcutta and services the market through a distribution network comprising of more than 59000 dealers. It operate manufacturing plants in West Bengal, Uttar Pradesh, Pondicherry, Goa, and Jammu & Kashmir. It has an international presence in 4 countries viz. Nepal, Bangladesh, Poland and Russia. Presently U.K. Paints (India) Private Limited is the Ultimate Holding Company (50.09%) of Berger Paints India.The Company has Technical License Agreements with DuPont Performance Coatings in the area of automotive coatings, Nippon ...