Asian Paints faces Competition Commission investigation
Asian Paints (BSE: ASIANPAINT) announced today that the Competition Commission of India (CCI) has passed a prima facie order to initiate an investigation into the company under Section 26(1) of the Competition Act, 2002. The directive, dated July 1, 2025, instructs the Director General to conduct the investigation. The action stems from information received from Grasim Industries Limited (Birla Paints Division). Asian Paints stated that it is currently reviewing the order and will take appropriate legal recourse, while also committing to fully cooperate with the CCI during the investigation. The order is available on the CCI website. The company has notified the BSE and National Stock Exchange of India Limited of the development.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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