Imperial Chemical Industries sells 36.46% stake in Akzo Nobel India to JSW Paints
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Moneycontrol12-12-2025, 12:14

Imperial Chemical Industries sells 36.46% stake in Akzo Nobel India to JSW Paints

  • Imperial Chemical Industries (ICI) sold a 36.46% stake in Akzo Nobel India Limited.
  • JSW Paints Limited acquired 1,66,03,504 equity shares from ICI.
  • The off-market transaction occurred on December 10, 2025.
  • ICI's shareholding in Akzo Nobel India decreased from 45.46% to 9% post-sale.
  • The disclosure was made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Why It Matters: Imperial Chemical Industries' stake sale could affect Akzo Nobel India Limited shareholders.

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