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domain-b.com - Business - News Image
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BusinessMar 12, 2026 05:19 PM

Akzo Nobel India renamed JSW Dulux after regulatory approval

Rebranding move: JSW integrates Dulux into its paints portfolio. (Editorial image) Akzo Nobel India has officially been renamed JSW Dulux after receiving regulatory clearance, marking the final step in its transition following JSW Paints' acquisition of a controlling stake. NEW DELHI, March 12, 2026 -- Paints and coatings maker Akzo Nobel India has received approval from the Ministry of Corporate Affairs to change its corporate name to JSW Dulux Ltd. The MCA issued a fresh certificate of inco ...Read More >

Greater Kashmir - Business - News Image
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BusinessJul 10, 2025 12:38 AM

Asian Paints sells entire 4.42% stake for Rs 734 crore in Akzo Nobel India

Mumbai, July 9: Asian Paints Limited on Wednesday said that it has sold its entire 4.42 per cent paid-up share capital, representing 20,10,626 equity shares, in Akzo Nobel India Limited. In a stock exchange filing, it said "The Company has, today, sold its entire holding of 20,10,626 equity shares in Akzo Nobel India Limited, representing 4.42 per cent of its paid-up share capital". For Rs 3,651 per share, the transaction was carried out in bulk, with a total deal value of roughly Rs 734 crore ...Read More >

Social News XYZ - Business - News Image
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37
BusinessJul 09, 2025 07:43 PM

Asian Paints sells entire 4.42 pc stake for Rs 734 crore in Akzo Nobel India

Mumbai, July 9 (SocialNews.XYZ) Asian Paints Limited on Wednesday said that it has sold its entire 4.42 per cent paid-up share capital, representing 20,10,626 equity shares, in Akzo Nobel India Limited. In a stock exchange filing, it said "The Company has, today, sold its entire holding of 20,10,626 equity shares in Akzo Nobel India Limited, representing 4.42 per cent of its paid-up share capital". For Rs 3,651 per share, the transaction was carried out in bulk, with a total deal value of roug ...Read More >

Unknown Source - Business - News Image
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30
BusinessJul 04, 2025 05:50 AM

Akzo Nobel reveals why it chose JSW Paints, which now aims to take on India's paint industry giants

Akzo Nobel has revealed that its decision to partner with JSW Paints was based on a strategic vision to combine global expertise with strong local execution. The move positions JSW Paints to challenge India's top paint industry players. "We had options. It was really about finding not only the right home for our people but the right partner for our company, and we chose JSW," ET NOW quoted Akzo Nobel CEO Greg Poux-Guillaume as saying, explaining the rationale behind the decision. "It really is ...Read More >

NewsDrum - Business - News Image
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BusinessJul 01, 2025 03:09 PM

JSW Paints eyes sharp rise in mkt share in decorative, industrial coating segment: Parth Jindal

Mumbai, Jul 1 (PTI) JSW Paints aims to significantly increase its market share in decorative and industrial coating segments, following the acquisition of Akzo Nobel India Ltd, the makers of Dulux paints, a top company official said. Last week, JSW Paints announced the acquisition of 74.76 per cent stake from the Dutch promoters of Akzo Nobel India Ltd (ANIL) for a consideration of Rs 8,986 crore and announced an open offer of up to Rs 3,929.06 crore. JSW Paints, part of Sajjan Jindal-led USD ...Read More >

India TV News - Other Politics Sports Business - News Image
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OtherPoliticsSportsBusinessJun 28, 2025 07:21 AM

Hyderabad: Thousands join as Jagannath Rath Yatra rolls through city

Hyderabad: Thousands of devotees of Lord Jagannath enthusiastically participated in the Jagannath Rath Yatra organised by the ISKCON temple at Abids. Chanting slogans of 'Jai Jagannath', they joined the divine journey of the deities on their chariots on Friday. The city's famous ISKCON Temples took out grand processions from their respective temples, with the lanes beautifully decorated with traditional rangoli. The magnificent chariot carrying Lord Jagannath, along with Balarama and Subhadra, ...Read More >

The Times of India - Business - News Image
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BusinessJun 28, 2025 07:08 AM

JSW to buy Dulux paints biz for Rs 9,000 crore - Times of India

MUMBAI: JSW Paints will acquire about 75% stake in Dulux-owner Akzo Nobel's India unit for Rs 9,407 crore ($1.1 billion) - marking the country's biggest deal in the sector amid growing competition. The acquisition will position JSW Paints, established by steel tycoon Sajjan Jindal in 2019, as the fourth largest player in the industry dominated by Asian Paints, Berger Paints, and Kansai Nerolac. The industry saw a new entrant in 2024 when Aditya Birla Group launched Birla Opus.JSW Paints plans to ...Read More >

The New Indian Express - Business - News Image
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BusinessJun 27, 2025 02:58 PM

JSW Paints acquires Dulux-maker AkzoNobel India for Rs 8,986 crore

MUMBAI: JSW Paints, part of the diversified JSW Group, has signed a definitive agreement to acquire up to 74.76% stake in the larger rival and the Dulux-maker Akzo Nobel India for Rs 8,986 crore, marking one of the largest deals in the around Rs 90,000 crore domestic paints sector. The deal also involves an open offer and will pay the way the Dutch company to completely exit the country. The acquisition will make JSW Paints, which has not yet been able to make a clear mark in the paints segment ...Read More >

NewsDrum - Business - News Image
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BusinessJun 27, 2025 01:45 PM

JSW Paints to acquire Akzo Nobel India in Rs 12,915-cr deal, to become 4th largest player

New Delhi, Jun 27 (PTI) Sajjan Jindal's JSW Paints on Friday announced acquisition of Dutch paint maker Akzo Nobel's India unit in a Rs 12,915-crore deal to become the fourth-largest player in the paint industry in the country. JSW Paints will buy a 74.76 per cent stake in Dulux paint-maker Akzo Nobel India for Rs 8,986 crore and launch an open offer to buy another 25 per cent from open market for up to Rs 3,929.06 crore. "JSW Paints today (Friday) entered into definitive agreements to acquire ...Read More >

Economic Times - Business - News Image
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BusinessJun 27, 2025 10:42 AM

JSW Paints to buy Akzo Nobel India for Rs 8,986 crore

Mumbai: JSW Paints has agreed to acquire Akzo Nobel's India business, valuing the company at Rs 12,000 crore (approximately $1.1 billion). This will make the paint-maker the fourth-largest in the now highly competitive domestic paints market. Ending months of negotiations, JSW has agreed to pick up 74.76% stake in the Akzo Nobel India for Rs 8,986 crore, an over 17% discount to Thursday's price. ET in its May 26th edition was the first to report that JSW had agreed for the billion dollar acquis ...Read More >

NewsDrum - Business - News Image
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BusinessJun 27, 2025 10:42 AM

JSW Paints to acquire Akzo Nobel India in Rs 8,986-crore deal

New Delhi, Jun 27 (PTI) JSW Paints, part of USD 23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm. "JSW Paints today (Friday) entered into ...Read More >

LatestLY - Business - News Image
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BusinessJun 27, 2025 10:07 AM

Business News | JSW Paints Signs Definitive Agreements to Acquire AkzoNobel India | LatestLY

Mumbai (Maharashtra) [India], June 27 (ANI): JSW Paints Limited, on Friday, entered into definitive agreements to acquire up to 74.76 per cent stake in Akzo Nobel India Limited (ANIL) from Akzo Nobel NV and its affiliates, for a maximum consideration under the Share Purchase Agreement of up to Rs 8,986 crores, subject to certain closing adjustments (Proposed Transaction). The Proposed Transaction is subject to approval from the Competition Commission of India and the completion of a mandatory t ...Read More >

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