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ManufacturingMedium impactPre-market

NCLT approves amalgamation of Asian Paints subsidiaries

pre-market1 source ↓written by the desknot a recommendation

The National Company Law Tribunal (NCLT) in Mumbai has approved the amalgamation of Asian Paints (Polymers) into Asian Paints Limited. This merger follows the examination of the scheme under the Companies Act, 2013. Asian Paints (Polymers), a wholly owned subsidiary, was incorporated on 11 Jan 2023 and specializes in manufacturing chemicals and plastic materials.

This decision is expected to streamline operations and enhance the overall efficiency of Asian Paints Limited, potentially impacting its market position positively.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Mar 2026, 07:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ASIANPAINT closed −2.1% on the day of the news, from ₹2,280.40 to ₹2,232.00; Nifty −1.6% over the same session; futures OI −0.6%.

Bulletin at 07:07 IST on 11 Mar 2026. Every change is measured from ₹2,280.40, the last close before it, on 10 Mar. Nifty 50 is measured over the same sessions.

  • ASIANPAINT close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ASIANPAINT closes around the bulletin against the close before the news, with Nifty 50 rebased to it209722722446axis spans 17%before the news · 10 Mar2280Nifty 50ASIANPAINTbulletinD0+1+3+54 Mar16 Mar25 MarFutures open interest, lotspeak 60,000Reference close ₹2,280.40. 16 sessions from 4 Mar to 25 Mar; the price axis spans 17 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before10 Mar₹2,280.40basebase
On the day11 Mar₹2,232.00▼ −2.1%▼ −1.6%−0.5 pp difference
+1 session12 Mar₹2,221.20▼ −2.6%▼ −2.6%0.0 pp difference
+3 sessions16 Mar₹2,217.70▼ −2.8%▼ −3.5%+0.8 pp difference
+5 sessions18 Mar₹2,262.10▼ −0.8%▼ −2.0%+1.2 pp difference
Gap at the open, % · ₹
▲ +0.4%+9.58 on 11 Mar
Day's range, % · ₹
3.3%≈ 76 high to low
Volume on the day
0.57×the 20-session average
Futures OI on the day
▼ −0.6%−320 lots · long unwinding · price −2.1%
Futures OI open, lots
55,00011 Mar · 30 Mar expiry
Futures premium, ₹
+2.40+0.1% to spot
Puts per call, by OI
0.98from 1.01 the session before
Max pain
2,300from 2,300 the session before

Source NSE UDiFF bhavcopy · ASIANPAINT on the desk →

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