Akzo Nobel India Ltd Block deal and promoter exit

Around 48–52 lakh shares, roughly 10.7–11.4% of Akzo Nobel India’s equity, changed hands in block/bulk deals at about ₹3,150–3,159 per share, a 13% discount to the previous close and totaling roughly ₹1,300–1,640 crore.​ Former/promoter entities Imperial Chemical Industries and Akzo Nobel Coatings International have sold about 9–10.7% stake, while buyers reportedly include Goldman Sachs (about ₹106 crore worth) and JSW Paints, which now holds around 61.2% and has become the new promoter.