Date: August 13, 2026
Board Meeting Outcomes
- The Board of Directors meeting was held on Thursday, August 13, 2026
- Meeting commenced at 1:50 PM IST and concluded at 4:20 PM IST
- Board approved exploring the potential acquisition of additional 11% equity shares in Apple Chemie India Private Limited (ACIPL) from existing shareholders
- Acquisition is subject to execution of definitive agreements and compliance with all applicable laws
- This acquisition would be in addition to the 51% stake already acquired in ACIPL as disclosed in the company's letter dated April 3, 2023
Other Information
- The information will be made available on the company's website at www.indigopaints.com/investors
- Document signed by Sayalee Anil Yengul, Company Secretary and Compliance Officer (Membership No. A37267)