Akzo Nobel India Block Deal: Around 22.77 lakh Shares Traded in Pre-Open

Akzo Nobel India shares were in focus on September 24 following a large trade took place in the pre-open block window. Around 22.77 lakh shares of Akzo Nobel India. worth ₹765 crore changed hands at ₹3,359 per share through a block deal. As per CNBC –TV18 report, buyers and sellers in the transaction are not officially known.

As per a news report by CNBC –TV18, Imperial Chemical Industries (ICI) was likely to set to divest up to a 5% stake in Akzo Nobel India Ltd through a block deal, with the transaction valued at approximately ₹742.7 crore.

Akzo Nobel India Expansion

Akzo Nobel India operates across a broad spectrum of the paints and coatings industry, with offerings spanning decorative paints, automotive and specialty coatings, industrial finishes, marine, protective, and yacht coatings, as well as powder coatings. In FY25, the company reported revenue from operations of ₹4,091.21 crore.

Akzo Nobel India launched Dulux Maestro – a holistic business engagement platform tailored for architects and interior designers. Within the quarter, the program onboarded over 2,000 design professionals across 16 key markets, with plans to extend its footprint to 40 cities by the end of the fiscal year.

Also Read: Zaggle Partners with Mastercard to Launch Co-Branded Prepaid Cards

New Product Launches in Decorative Paints: The company introduced three new offerings to strengthen its portfolio in the decorative paints segment:

• Dulux Velvet Touch Eterna Matte: Positioned in the uber-luxury interior emulsion category, this product offers an ultra-matte finish with unmatched aesthetic appeal. Backed by a 10-year warranty, it caters to discerning consumers seeking timeless elegance and understated luxury.
• Dulux Weathershield Protect Dustproof Hi-Sheen: Responding to a rising preference for sheen-finish exteriors, this premium exterior paint delivers superior dust resistance and visual appeal, enhancing the durability and beauty of external surfaces.
• Scratch Finish – High-Quality Exterior Texture: Designed for independent homes, this product taps into the increasing demand for textured finishes. It offers a robust and stylish exterior look, tailored for homeowners seeking unique, premium textures.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.