Siddhika Coatings and Mizutani Paint sign MoU for JV in India

Siddhika Coatings and Mizutani Paint signed a memorandum of understanding on November 4, 2026, to evaluate a joint venture for premium construction and architectural coatings in India. Siddhika would hold 67% and Mizutani 33%.

“Siddhika Coatings would subscribe to 67% of the proposed new entity’s equity and Mizutani Paint would subscribe to 33%, according to the November 4 MoU.”multibagg.ai

• 1 source
• multibagg.aiSiddhika Coatings proposes 67:33 premium coatings ventureNov 5, 2026

Summarized from public sources; check the original articles before acting on it.