FilingReader Intelligence

JSW Paints launches tender offer for Akzo Nobel India

July 11, 2025 at 07:03 PM UTCBy FilingReader AI

JSW Paints Limited will acquire up to 11.5 million equity shares of Akzo Nobel India at INR 3,417.77 per share, representing 25.24% of voting capital.

The deal values at approximately INR 39.3 billion. The offer runs from August 20 to September 3, 2025, as part of JSW's strategy to expand its paints business.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:AKZOINDIABombay Stock Exchange

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