Indigo Paints Targets 25% Revenue Growth and 30%+ Apple Chemie Rise by FY27 8 days ago
Indigo Paints has set a company-level revenue growth target of 25% by FY27, alongside a target of over 30% growth for its Apple Chemie segment. The company attributes these targets to a strong order pipeline, enhanced brand visibility, and a strategic focus on expanding into less penetrated markets.
Indigo Paints Appoints Aloke Singh as Chief Strategy Officer Mar 24, 2026
More news about Indigo Paints
18Mar 26
Indigo Paints Participates in Bidding for Land Acquisition in Sector 29, Gurugram
Indigo Paints has participated in the bidding process for land acquisition in Sector 29, Gurugram. This strategic move indicates the company's interest in expanding its operational footprint in the National Capital Region and strengthening its market position through asset acquisition.
Indigo Paints Appoints Industry Veteran Narayanankutty K. Venugopal as Additional Executive Director
Indigo Paints Limited has appointed Mr. Narayanankutty Kottiedath Venugopal as an Additional Executive Director for a five-year term starting June 1, 2025, subject to shareholder approval. Mr. Venugopal, 76, brings over 40 years of paint industry experience, including roles at Asian Paints and Hi-Build Coatings. He holds a B.Sc. in Mechanical Engineering and a PGDM from IIM Calcutta. The appointment was approved by the Board on July 24, 2025, and complies with regulatory requirements.
30May 25
Peak XV Partners Exits Indigo Paints with ₹158 Crore Stake Sale
Peak XV Partners, formerly Sequoia Capital India & SEA, has sold its entire 3.18% stake in Indigo Paints through open market transactions, generating ₹158.00 crore. The sale was executed at an average price of ₹1,046.45 per share. Kotak Mahindra Mutual Fund acquired the shares on the National Stock Exchange. This exit could impact investor confidence and the ownership structure of Indigo Paints, a key player in the Indian paint industry known for innovative products and marketing strategies.