The corporate notice issued by Asian Paints Limited on September 17, 2026, intimates the exchanges regarding the commencement of commercial production at its new Vinyl Acetate Ethylene Emulsion (VAE) manufacturing facility located in Dahej, Gujarat. The plant features an installed capacity of 1,50,000 tons per annum, with the produced VAE primarily designated for captive consumption within the company’s paint manufacturing network.

The commencement of operations at the Dahej unit represents a crucial step forward in Asian Paints’ strategic focus on backward integration initiatives. Alongside this operational milestone, construction activities for complementary Vinyl Acetate Monomer (VAM) production as well as ethylene storage and handling infrastructure at the same complex remain under active progress.

As a dominant market leader in the domestic coatings industry, Asian Paints manages an extensive portfolio spanning decorative paints, industrial coatings, and home decor solutions. During 2025, the company navigated shifting demand cycles and heightened market competition by prioritizing formulation efficiencies and expanding its robust Beautiful Homes retail footprint across multiple states. Strategic capital investments, such as the Dahej facility, underline its long-term objective to optimize supply chains and hedge against raw material volatility.

For the financial year 2025, Asian Paints reported consolidated net sales of ₹33,797 crore, reflecting a moderate adjustment amidst soft consumer spending environments. Prominent institutional investors and promoter entities—including entities like Smiti Holding & Trading Company Pvt Ltd—maintain substantial stakes in the company, reflecting enduring confidence in its market leadership, strong dividend track record, and extensive distribution network.