ALPHA TRIBE

Akzo Nobel India LimitedBoard Meeting, 30-04-2025: Outcome of Board Meeting

30-04-2025 | 08:36 pm

Akzo Nobel India Limited has announced a board meeting where it extended the timeline for executing definitive agreements for the proposed sale of its Powder Coatings and International Research Centre businesses until July 1. This extension allows negotiations to continue without changing key terms. The total cash transactions are approximately ₹20,730 million for the Powder Coatings and ₹700 million for the R&D business. The approval reflects the board's commitment to advancing these strategic divestments.

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