UK Paints to Raise Berger Paints India Stake to 64.57% via Restructure

24 Dec 2025 CW Team

UK Paints (India), a key promoter entity of Berger Paints India, has announced plans to acquire an additional 14.48 per cent stake in the company as part of an internal restructuring exercise within the promoter group.

In a regulatory filing on Monday, Berger Paints India said the proposed restructuring involves the transfer of 16,87,88,138 equity shares from Jenson & Nicholson (Asia) to UK Paints (India). The share transfer is scheduled to be executed on or after December 29.

Following the completion of the transaction, UK Paints’ direct shareholding in Berger Paints India will rise from the current 50.09 per cent to 64.57 per cent. The company clarified that the restructuring will not result in any change in the overall shareholding of the promoter and promoter group, as the transfer is purely an internal reorganisation.

The transaction will be carried out at nil consideration and is aimed at rationalising and simplifying the promoter group’s structure. According to the filing, the consolidation will help reduce the number of legal entities and jurisdictions within the group, thereby lowering regulatory compliance and administrative costs.

The restructuring is also expected to enable more effective oversight and monitoring of assets at the level of the ultimate holding company, strengthening governance and operational efficiency within the group.

Berger Paints India further stated that the proposed acquisition by UK Paints is exempt from open offer requirements under the Securities and Exchange Board of India (Sebi) takeover regulations, as it involves an internal transfer among promoter entities.

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