Asian Paints Limited had acquired 51% stake in the kitchen solution provider company, Sleek International Private Limited (Sleek), from the Ahuja family (Rajesh Ahuja, Monesh Ahuja, Thakur Ahuja and Jyoti Ahuja) by entering into a Shareholders Agreement with the Ahuja family and Sleek.

It was informed that the Company has purchased the balance stake (49% of the share capital) in Sleek from the Ahuja Family and the Shareholders Agreement dated 8th August 2013 with the Ahuja Family has been terminated. Sleek has now become a wholly owned subsidiary of the Company.