Asian Paints Limited (NSEI:ASIANPAINT) agreed to acquire WEATHERSEAL FENESTRATION PRIVATE LIMITED Harish Munireddy, and Pratibha SB for INR 1900 million on April 1, 2022. The subject to customary closing adjustments and conditions precedent. EY (Ernst & Young LLP) acted as the financial advisors to Asian Paints for this transaction. sian Paints agreed to acquire an additional 23.9% stake in Weatherseal Fenestration from its promoters, in a staggered manner, over the next 3 years.