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Strategic Synergy: Asian Paints Subsidiary Harind Chemicals to Merge with Nova Surface-Care
Consolidation Aims to Streamline Specialty Chemicals Portfolio; Company Signals Neutral Financial Impact
In a move to optimize its specialized nanotechnology and coatings division, Asian Paints has announced the amalgamation of its subsidiary Nova Surface-Care Centre Private Limited with its parent entity, Harind Chemicals and Pharmaceuticals Private Limited.
The board of both companies approved the scheme on March 24, 2026, as part of a broader corporate cleanup to reduce administrative layers and enhance operational agility within Asian Paints' specialty chemicals arm.
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