U. K. Paints (India) Private Limited has acquired 16,87,88,138 equity shares of Berger Paints India Limited, constituting 14.48% of the share capital. This acquisition was executed through an amalgamation scheme involving U.K. Paints (Overseas) Limited and B.J.N. Holdings (I) Limited, effective from July 14, 2025. The transaction involved transferring equity from a wholly owned subsidiary.
Significant Share Acquisition
U. K. Paints (India) Private Limited has successfully completed the acquisition of 16,87,88,138 equity shares in Berger Paints India Limited. This substantial holding represents approximately 14.48% of Berger Paints’ total equity.
Details of the Transaction
The acquisition was executed as part of a pre-approved scheme of amalgamation. This scheme involved U.K. Paints (Overseas) Limited and B.J.N. Holdings (I) Limited. The transaction has been officially sanctioned by the Jersey Financial Services Commission via letter dated October 24, 2024 and by the National Company Law Tribunal, Bench-II at Chandigarh through an order on May 23, 2025.
Effective Date
The share transfer became effective on July 14, 2025. The acquisition involved a transfer from Jenson & Nicholson (Asia) Limited, previously holding 14.48%, making U. K. Paints a majority shareholder.
Shareholding Post-Transaction
Post-acquisition, U. K. Paints (India) Private Limited now holds 75,28,23,616 shares, representing 64.57% of the total share capital of Berger Paints India Limited.
Source: BSE
