Akzo Nobel India Stock Slides Up to 15% on ₹1,638 Crore Block Deal After JSW Takeover: Latest News, Forecasts, and What Investors Are Watching
Akzo Nobel India shares fell as much as 15% on December 17 after a large block deal at a discount, with 48.8–51.9 lakh shares—about 9–11% of equity—traded for around ₹1,638 crore. The likely seller was Imperial Chemical Industries, part of the former promoter group, days after JSW Paints completed its takeover and became the new majority owner.
