Indigo Paints Limited (NSEI:INDIGOPNTS) agreed to acquire Apple Chemie India Pvt. Ltd for INR 0.01 million on April 3, 2023. Under the terms, Indigo Paints will acquire 44,924 equity shares.

Indigo Paints also has an option to acquire additional stake in Apple Chemie at the end of 3 years. During 2022, Apple Chemie India Pvt. Ltd reported turn over off INR 318.1 Million.