This is to inform you that the Board of Directors at their meeting held today i.e. Thursday, 28th March 2024 has, inter alia, unanimously approved the Scheme of Amalgamation of Maxbhumi Developers Limited ('Transferor Company 1 or Maxbhumi') and Sleek International Private Limited ('Transferor Company 2 or Sleek ), wholly-owned subsidiaries of Asian Paints Limited ('Transferee Company' or Company ) with the Company in accordance with the provisions of the Companies Act, 2013 and other applicable laws. The intimation in this regard is attached.