ORIGIN AND EVOLUTION OF NEROLAC PAINTS We embarked our journey in 1920 as Gahagan Paints andV a r n i s h C o . L t d . a t L o w e r Parel in Bombay.

In 1930,t h r e e B r i t i s h c o m p a n i e s m e r g e d t o f o r m u l a t e L e a d Industri e s G r o u p L t d . I n 1 9 3 3 , L e a d I n d u s t r i e s G r o u p Ltd. acquired entire share capital of Gahagan Paints in 1933 and thus, Goodlass Wall (India) Ltd. was born.Subsequently, by 1946, Goodlass Wall (India) Ltd. wasknown as Goodlass Wall Pvt. Ltd. In 1957, Goodlass Wall Pvt. Ltd. grew popular as Goodlass Nerolac Paints (Pvt.) Ltd .Also, it went public in the same year andestablished itself as Goodlass Nerolac Paints Ltd . In 1976, Goodlass Nerolac Paints Ltd .became a part of the Tata Forbes Group onacquisition of a part of the foreign shareholdings by Forbes Gokak.In 1983, Goodlass Nerolac Paints Ltd .strengthened itself by entering in technicalcollaboration agreements with Kansai Paints Co. Ltd., Japan and Nihon Tokushu ToryoCo. Ltd., Japan.In 1986, Goodlass Nerolac Paints Ltd . turned into a joint venture of the Tata Forbes andthe Kansai Paints with the latter acquiring 36% of its share capital.In 1999, Kansai Paints Company Ltd., Japan took over the entire stake of Tata Forbesgroup and thus GNP became a wholly owned subsidiary of Kansai Paints Company Ltd