2025-03-21 12:29:13 pm | Source: PR Agency
Sirca Paints India Limited (“SPIL”) has acquired the business undertaking of "Wembley Group" for Rs 81.50 Crs

Commenting on the acquisition, Mr. Sanjay Agarwal, Managing Director of Sirca Paints India Ltd., stated, The acquisition enables the SPIL to increase its footprint in its line of business along with it will integrate Wembley’s full range of products, including thinners, wall paints, enamels, NC (nitrocellulose), melamine, Sanding Sealer, T.T. Clear and other coatings, into its portfolio. This strategic move is expected to boost SPIL turnover and further strengthen its market position in India’s growing paint and coatings sector with commensurating EBIDTA margins.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News

Tripura developed 25,000 ha organic land; 1,300 MT p...

MSTC launches e-marketplace with new corporate offic...

Adani Enterprises Ltd`s Rs 1,000 crore NCD issue ful...

Insurance Sector Update: A better quarter by Kotak I...

Q1FY26 Earnings Preview - FMCG & Retail by Axis Secu...

Over 1.15 crore public grievances redressed between ...

IPO Note : GLEN Industries Ltd by Choice Broking Ltd

India offers domestic circular battery economy worth...

Chemicals Sector Update : Mixed results amid continu...

Real Estate Sector Update : Starting on a strong not...