New Delhi, May 16 -- Asian Paints has clarified MD and CEO Amit Syngle's comments to investors on India's gross domestic product (GDP) numbers as "misrepresented".

"... with reference to the recent social media posts and media articles claiming that Amit Syngle, Managing Director & CEO, of Asian Paints, allegedly raised doubts about the GDP of India, at the investor conference held on 9th May 2024 ... we would like to clarify that the comments are being misinterpreted," it said.

In a stock exchange filing on May 15, the company said Syngle's comments were "in response to a specific query" and "not meant to question the sanctity of the GDP numbers".

Amid all this, the Asian Paints stock closed at Rs.2,813, down 1.85 percent, on May 15 a...