Berger Paints Ltd
Berger Paints Ltd is an Indian multinational paint company, based in Kolkata, India. It was established in 17 December, 1923 by Lewis Berger. This company has 16 manufacturing units in India, 2 in Nepal, 1 each in Poland and Russia. It has manufacturing units at Howrah and Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu, Puducherry and Udyognagar. The company has presence in 5 countries – India, Russia, Poland, Nepal and Bangladesh. They have an employee strength of over 3,600 and a countrywide distribution network of 25,000+ dealers. Company’s Vision is to be the most admired Indian Paint & Coating Solutions company with globally recognised competencies. Company’s mission is to maximise shareholder value by developing and delivering innovative and best solutions for our customers, consistently outperforming our peers and providing a Dynamic & Challenging work environment for our employees. CSR activities undertaken by Berger Paints are: Participation in Polio Immunisation Programme for the eradication of polio, Partnering with organizations for sponsoring under privileged and destitute children, Sponsorship of education of children who come from poor financial background, initiatives for a cleaner environment through the awareness programmes, plantations and green belt development programmes and Donations have been given to the charitable institutions and social welfare organizations working for the cause of the upliftment of the poor and downtrodden and Infrastructure development at the vicinity of the various manufacturing locations.Sustainable mission of Berger Paints consists: Reducing waste and conserving natural resources in manufacturing facilities, launching green and energy efficient products, installing energy efficient systems at all new plant facilities, using renewable and sustainable raw materials in formulations and products are manufactured keeping in mind stringent VOC limits along with other environmental guidelines as per the industry.Their shareholding pattern consists of Promoters and Promoter Group having 74.98% of shares, Public having 9.69% shares following by FII’s having 11.25% shares and DII’s with 4.07% shares.
