Akzo Nobel India Limited — Important, 25-09-2025: Disclosure of material issue

**Akzo Nobel India (AKZOINDIA):** Promoter Imperial Chemical Industries Ltd (ICIL) sold 22.77 lakh shares for Rs 764.80 Cr in a block deal. This represents ~5% of the company's total paid-up capital.

**The Issue:** A significant promoter stake reduction.

**Possible Impact:** The promoter/promoter group's holding decreased from 74.76% to 69.76%, increasing the public float. While the promoter group still holds a substantial majority, this is a notable change in ownership structure.

**Company’s Response:** The company has disclosed the transaction, confirming that ICIL remains a promoter post-sale and the shares were sold to public investors, not related parties.