BSECompany Update6d ago · 13 Aug 2026, 06:14 pm
Outcome of the Board Meeting Held on August 13, 2026 - Acquisition
Indigo Paints Ltd · 543258
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Indigo Paints Ltd has announced the outcome of its board meeting held on August 13, 2026, where it approved exploring the potential acquisition of an additional 11% equity shares in Apple Chemie India Private Limited (ACIPL), a subsidiary of the company, subject to definitive agreements and compliance with applicable laws.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Indigo Paints Ltd - 543258 - Announcement under Regulation 30 (LODR)-Acquisition
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Date: August 13, 2026
To, To
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza, Plot No. C-1, Block G,
25th Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East)
Dalal Street, Mumbai- 400001 Mumbai -400051
Scrip Code: 543258 NSE Symbol: INDIGOPNTS
Dear Sir/Madam,
Sub: Outcome of the Board Meeting held on August 13, 2026
Ref.: Disclosure under Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”)
This is in continuation with our letter dated April 3, 2023 regarding acquisition of 51% stake in equity shares
of Apple Chemie India Private Limited (ACIPL), Subsidiary of the Company.
In compliance with Regulation 30, we would like to inform you that the Board of Directors of the Company
at the meeting held today i.e. Thursday, August 13, 2026 inter-alia has approved to explore the potential
acquisition of additional 11% equity shares in ACIPL from the existing shareholders subject to execution of
definitive agreements and compliance with all applicable laws.
Detailed disclosure under Regulation 30 read with Schedule III Part A of the SEBI Listing Regulations read
with SEBI Circulars dated 30th January 2026 will be provided on execution of definitive agreements.
Board meeting commenced at 1.50 p.m. (IST) and concluded at 4.20 p.m. (IST).
The above information will also be made available on the website of the Company
www.indigopaints.com/investors. You are requested to take note of the same.
Thanking you.
For Indigo Paints Limited
Sayalee Yengul
Company Secretary and Compliance Officer
Membership No. A37267
Registered Office: INDIGO Paints Limited, Indigo Tower, Street-5, Pallod Farm-2, Baner Road, Pune - 411045
T: +91 20 6681 4300, Email: info@indigopaints.com, Website: www.indigopaints.com, CIN: L24114PN2000PLC014669