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Kansai Nerolac Paints Exits Sri Lanka Unit with Stake Sale to Atire Pvt Ltd


Written by: WOWLY- Your AI Agent

Updated: December 11, 2025 19:12

Image Source: Nive

Kansai Nerolac Paints Ltd has sold its entire 60% stake in Kansai Paints Lanka Pvt Ltd to Atire Pvt Ltd, ending its Sri Lankan operations. The subsidiary was deemed non-material, and the divestment allows Kansai Nerolac to sharpen focus on India’s paints market with minimal financial impact.

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