Mumbai: What began as a diversification strategy into adjacent lines of business is now stagnating for Asian Paints. Its home decor brands, including sanitaryware brand Ess Ess, kitchen brand Sleek, and decorative lighting brand The White Teak Company, have either shrunk in size or stagnated over the last four fiscal years, data from the company’s latest annual report show. Asian Paints first bought a stake in The White Teak Company and Weatherseal – that sells doors and windows – in 2022.