Acquisitions12 Dec 2025, 12:00 pm
Akzo Nobel Coatings International B.V. Sells 24.30% Stake in Akzo Nobel India Limited to JSW Paints Limited
AI Summary
Akzo Nobel Coatings International B.V., one of the promoters of Akzo Nobel India Limited, has sold 11,066,791 equity shares, representing 24.30% of the paid-up equity share capital of the Company to JSW Paints Limited. The transaction took place on 10 December 2025. Post-transaction, Akzo Nobel Coatings International B.V. has been declassified as a promoter of Akzo Nobel India Limited.
Key Highlights
- Akzo Nobel Coatings International B.V. sold 24.30% stake in Akzo Nobel India Limited to JSW Paints Limited
- The transaction was worth 11,066,791 equity shares
- The transaction took place on 10 December 2025
- Akzo Nobel Coatings International B.V. was one of the promoters of Akzo Nobel India Limited
- Post-transaction, Akzo Nobel Coatings International B.V. has been declassified as a promoter of Akzo Nobel India Limited