Gem Paints
Chemicals & Related Products · India · 201-500 Employees
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Overview
Headquarters
#417/418 11th Cross 4th Phase Peenya Ind...Phone Number
+91 8023421974Website
www.gem-paints.comRevenue
<$5 MillionIndustry
About Gem Paints
Gem Paints Org Chart
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Gem Paints is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Gem Paints Tech Stack
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Gem Paints News & Media
Astral to acquire 51 pc stake in Gem Paints for Rs 194 cr - Jammu Kashmir Latest News | Tourism
New Delhi, Apr 30: PVC pipes and plastic products maker Astral said it will acquire a majority 51 per cent stake in Gem Paints for Rs 194 crore, a move which will allow the Ahmedabad-based firm to expand its product portfolio into the paints segment. Astral has entered into a definitive agreement with Gem Paints and its shareholders after the deal was approved by its board on Friday, it said in a regulatory filing. “AstralAhmedabad-Based Astral To Acquire 51% Stake In Gem Paints For Rs 194 Crore - CNBC TV18
"Astral shall initially invest Rs 194 crores in Gem Paints Private Limited by subscribing to Optionally Convertible Debentures equivalent to the value of 51 percent equity stake of Operating Paint business of Gem Paints," it said, adding it will be an all-cash deal.Board of Astral approves acquisition of 51% stake in operating paint biz of Gem Paints
Read more about Board of Astral approves acquisition of 51% stake in operating paint biz of Gem Paints on Business Standard. At meeting held on 29 April 2022
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Frequently Asked Questions Regarding Gem Paints
Gem Paints Pvt. Ltd. specializes in a wide range of high-performance coatings, including protective, industrial, and decorative solutions. Their product offerings encompass epoxy, polyurethane, silicone, and alkyd coatings, as well as various emulsion and enamel options tailored for both interior and exterior applications. The company is committed... Read More