JSW Paints has launched a ₹3,929 crore open offer to acquire up to 25.24% stake in Akzo Nobel India at ₹3,417.77 per share. The move follows a promoter stake sale, and the offer size may be scaled down to 18.93% as per SEBI norms. Akzo Nobel India Ltd, part of the world’s largest coatings company, AkzoNobel.