Archive · 27 Jun 2025
JSW Paints to Acquire Akzo Nobel India Shares
JSW Paints is buying Akzo Nobel India.
This means JSW Paints will own Akzo Nobel India.
The agreement was signed on June 27, 2025.
The deal involves the current owners selling all their shares to JSW Paints.
The price per share is set at ₹2,762.
After the deal, JSW Paints will be in charge of Akzo Nobel India.
JSW Paints agreed to acquire Akzo Nobel India's shares.
The deal involves the sale of promoter entities' entire shareholding.
Share Purchase Agreement was signed on June 27, 2025.
The deal values Akzo Nobel shares at ₹2,762 apiece.
JSW Paints is expected to gain sole control of Akzo Nobel India.
- Who
- JSW Paints, Imperial Chemical Industries Limited, Akzo Nobel Coatings International B.V.
- What
- JSW Paints is acquiring Akzo Nobel India.
- When
- The Share Purchase Agreement was signed on June 27, 2025.
- Where
- India
- Why
- To gain sole control of Akzo Nobel India.
JSW Paints
Akzo Nobel
Deal Goal
JSW Paints
To gain control and ownership.
Akzo Nobel
To sell shares and exit or reduce stake.
- Companies Involved
- JSW Paints, Akzo Nobel India
- Share Purchase Agreement Date
- June 27, 2025
- Share Value
- ₹2,762 apiece
- Seller
- Imperial Chemical Industries Limited and Akzo Nobel Coatings International B.V.
- Buyer
- JSW Paints Limited
