BERGEPAINTNSEBerger Paints (I) Limited· PaintsMinimalNeutral
Announced Wed, 13 May · 15:42 IST

Berger Paints (I) Limited has informed the Exchange regarding 'Intimation regarding merger of CB Management Services Private Limited with MUFG Intime India Private Limited'.

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Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹512.80
prior close
₹514.95
base price
After-mkt
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+0.7+0.8+2.3+3.1+3.8+2.4-1.2-1.1-2.8-1.1-4.1+1.3-4.7
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AI summary

Berger Paints has informed stock exchanges about the merger of its Registrar and Transfer Agent (RTA), CB Management Services Private Limited, with MUFG Intime India Private Limited, effective 8th May 2026. The merger has been approved by the Regional Director (WR), Mumbai under Section 233 of the Companies Act, 2013, with the appointed date being 1st April 2025. CB Management Services was a wholly-owned subsidiary of MUFG Intime India, and the consolidation aims to achieve economies of scale, improve financial strength, and reduce operational costs. All RTA services will continue seamlessly under the new name MUFG Intime India Private Limited.

Likely market impact

No impact on Berger Paints' operations or shareholder services. The RTA name has changed but services remain the same. This is an administrative change with no financial implications for the company.