AkzoNobel India Share Price in Focus as JSW Paints Completes Acquisition from Promoters

In a significant development, Akzo Nobel India Limited has witnessed a major change in its shareholding pattern. Promoters Akzo Nobel Coatings International B.V. and Imperial Chemical Industries Limited have sold a stake to JSW Paints Limited. 

Details of the Stake Sale 

On December 10, 2025, Akzo Nobel Coatings International B.V. (one of the erstwhile promoters of Akzo Nobel India Limited) sold 1,10,66,791 equity shares, representing 24.30% of the company's paid-up equity share capital, to JSW Paints Limited. This transaction was executed through an off-market deal.  

Similarly, Imperial Chemical Industries Limited (one of the erstwhile promoters of Akzo Nobel India Limited) offloaded 1,66,03,504 equity shares, accounting for 36.46% of the company's equity share capital, also to JSW Paints. 

Impact on Shareholding Structure 

Prior to these transactions, Akzo Nobel Coatings International B.V. held 1,10,66,791 shares, equivalent to 24.30% of the total share capital. Post-sale, their holding stands at nil. Imperial Chemical Industries Limited, which initially held 2,07,00,529 shares or 45.46% stake, now retains 40,97,025 shares, representing 9% of the total share capital. 

JSW Paint Completes Acquisition Process from Promoters  

JSW Paint acquisition of 60.76% shares of Akzo Nobel India Limited contemplated under the Share Purchase Agreement (SPA) has now been completed. 

JSW Paint now holds 27,871,723 equity shares, representing 61.2% of the paid-up equity share capital of Akzo Nobel India Limited. 

Read More: JSW Energy Share Price in Focus: GQG Sells ₹677 Crore Stake — 3 Key Things Investors Should Watch! 

Akzo Nobel India Share Price Performance 

As of December 12, 2025, at 12:30 PM, Akzo Nobel India share price on NSE was trading at ₹3,598 up by 1.36% from the previous closing price. 

Conclusion 

The sale of a significant stake by Akzo Nobel India Limited's promoters to JSW Paints marks a notable shift in the company's ownership. This transaction underscores a strategic move by both parties involved, reshaping the shareholding landscape of Akzo Nobel India. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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. 

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