Asian Paints sold its entire holding of 20,10,626 equity shares in Akzo Nobel India Limited, representing 4.42% of its paid-up share capital, for ₹734 crore. The sale was executed at a price of ₹3,651 per share through the bulk deal mechanism. Earlier, JSW Paints entered into definitive agreements to acquire stake in Akzo Nobel India Limited for ₹8,986 crore.
short by
Vaishnavi Mishra /
07:32 pm on
09 Jul