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    <title>UK Paints to acquire additional 14.48 pc stake in Berger Paints via internal restructuring</title>
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    <description>UK Paints (India) Private Limited will increase its direct shareholding in Berger Paints from 50.09% to 64.57% by acquiring 16,87,88,138 shares from a wholly owned subsidiary under a scheme of amalgamation as a nil-consideration internal restructuring aimed at rationalising group structure and reducing legal entities and jurisdictions, and the transaction is stated to be exempt from open offer requirements under securities regulations.</description>
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