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Abhay Arvind Vakil (1951–2021) was an Indian billionaire businessman, and a non-executive director of Asian Paints Ltd, India's largest paint company. As of October 2021, his net worth was estimated at US$6.25 billion. Vakil was among the 100 richest Indians.
May 2, 2022 · The families of the four founders, Champaklal Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vakil, held a majority stake in the firm and till the 1990 they had run it harmoniously. But through the 1990s as the company expanded beyond India, disputes started emerging between the members.
The company was started in a garage in Gaiwadi, Girgaon, Mumbai by four Gujarati friends Champaklal Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vakil. They all belong to Jain families, and founded the company in February 1942.
Oct 11, 2023 · The Vakil family represents heirs of Abhay Vakil, non-executive director of Asian Paints, India's leading paints company, and his brother Amar Vakil, who both died in 2021. The Vakils draw...
May 14, 2022 · EIL is owned by the Arvind Vakil family, one of the three promoter families of Asian Paints. Also read. Broker's call: Asian Paints (Neutral) The Vakil family had offered ₹1.61 lakh per share...
Oct 6, 2021 · Abhay Vakil, non-executive director of Asian Paints, India's leading paints company, died on November 2, 2021 at age 71. Asian Paints was cofounded by his father and three others in 1942. Vakil...
Apr 25, 2022 · Elcid Investments is largely owned by the Arvind Vakil family, one of the four who founded Asian Paints. Some would say the shareholders hit a jackpot with the delisting offer. Yet, a minority...
