On February 24, an untitled painting from 1969 by VS Gaitonde went under the hammer for Rs 42 crore at an auction by Pundole’s in Mumbai. This is the highest price that an Indian modern or contemporary artwork has been sold internationally at an auction.
About:
Vasudeo S. Gaitonde (V. S. Gaitonde) (1924–2001) was regarded as one of India's foremost abstract painters.
Gaitonde’s works have often been called luminous, sonorous, sublime and calming by art critics. It is said that a Gaitonde work is not seen but “experienced”.
He received the Padma Shri Award in 1971. His works has consistently broken records in recent years, selling for the highest prices in auctions annually.
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