JSW Paints Completes Acquisition of Majority Stake in Akzo Nobel India

JSW Paints Completes Acquisition of Majority Stake in Akzo Nobel India

With the latest transaction, JSW Paints now holds 61.2 percent of Akzo Nobel India.

JSW Paints completes acquisition of Akzo Nobel India

This transaction positions JSW Paints as one of the major players in the sector which is expected to see robust growth in the years ahead.

JSW Paints completes AkzoNobel India acquisition, becomes third-largest decorative paint player

JSW Paints has acquired a 60.7% stake in AkzoNobel India, taking total control and becoming India’s No. 3 decorative paint player. Here’s what the deal means.

JSW Paints Completes Acquisition Process of Akzo Nobel India

Mumbai, December 11, 2025: JSW Paints Limited has acquired a majority stake of 60.76 per cent in Akzo Nobel India Limited from Akzo Nobel N.V. and its affiliates. JSW Paints had already acquired 0.44 per cent stake from the public shareholders of ANIL upon successful completion of an open offer and its stake now stands at 61.2 per cent after the latest acquisition. JSW Paints is India’s fastest growing paints company and a part of the $23-billio…

JSW Paints completes acquisition of 60.76% stake in Akzo Nobel India

New Delhi: JSW Paints has completed the acquisition of a 60.76% stake in Akzo Nobel India (ANIL) from Akzo Nobel N.V. and its affiliates. The company had earlier acquired 0.44% from public shareholders through an open offer, taking its total holding in ANIL to 61.2%. JSW Paints is part of the US$23 billion JSW Group, which operates across steel, cement, energy, infrastructure, automotive and other sectors. ANIL, previously part of Akzo Nobel, ha…

AkzoNobel completes sale of AkzoNobel India to JSW Group

AkzoNobel has completed the sale of Akzo Nobel India Limited (ANIL) to the JSW Group