Akzo Nobel India Limited — Others, 11-08-2025: Shareholders meeting
11-08-2025 | 04:23 pm
11-08-2025 | 04:23 pm
Akzo Nobel India's parent is selling its 74% stake to JSW Paints for Rs. 8,926 Cr, a strategic move to boost market position in the paint industry. This deal transfers full Dulux brand intellectual property for decorative paints. The company delivered strong financial results for the year, reporting Rs. 4,091 Cr revenue and Rs. 428.6 Cr net profit. Shareholders will receive a total dividend of Rs. 100 per share, plus a special interim dividend of Rs. 156 per share, reflecting strong shareholder value creation. Operational focus remains on innovation, distribution growth, and sustainability.
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