Akzo Nobel promoter sells 24.3% stake to JSW Paints; shares fall

• Akzo Nobel Coatings International B.V., a former promoter, sold its 24.30% stake (1,10,66,791 shares) in Akzo Nobel India to JSW Paints Limited.
• The off-market transaction took place on December 10, 2025, resulting in the seller holding no shares in Akzo Nobel India.
• Akzo Nobel India's shares are experiencing pressure following this significant promoter stake divestment.
• The sale was disclosed as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Why It Matters: Akzo Nobel India's promoter fully exited, signaling a major ownership change.