Sirca Paints India Ltd. has acquired the Wembley Group business in a transaction valued at ₹815 million. This strategic move follows their earlier agreement with New Wembley Products LLP, acquiring brands and intellectual property for ₹20 crore. The acquisition aims to enhance Sirca's product portfolio and market presence. The company's shares have seen a positive response, reflecting its growth strategy.
Source: NSE, BSE, Marketscreener