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Asian Paints Doha Trading, Qatar, has been incorporated as the wholly-owned subsidiary of Asian Paints International Private Limited

Nov 6, 2023

By: BlinkX Research Team

Asian Paints Doha Trading With Limited Liability (“APDT W.L.L.”), Qatar, has been incorporated, as the wholly-owned subsidiary of Asian Paints International Private Limited (“APIPL”), Singapore, a wholly-owned subsidiary of the company. The acquired entity belongs to the industry of paints, coatings, building construction materials and home décor products.

APDT W.L.L. has been incorporated to engage in the business of trading in paints, coatings and allied products, chemical material related to building & construction works, and home décor products. 

APIPL will be subscribing to the share capital of APDT W.L.L. through cash.

The initial share capital of APDT W.L.L. shall be QAR 10,00,000 divided into 100,000 shares of the face value of QAR 10 each.

Asian Paints International Private Limited, Singapore will hold 100% of the share capital of Asian Paints Doha Trading, Qatar.