JSW Paints completes 61.2% acquisition of Akzo Nobel India

Listed-company acquisitionOpen offer triggeredStrategic Transactions View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹3503.00

prior close

₹3516.50

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%+0.1% vs market

Paints peers, median of 8sector-0.3%+0.9% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 0.9 pts more than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.3

15m

+0.8

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.6+0.1-0.3+0.9

Next day

+2.6+1.4+1.2-0.5+3.1

+3.5+1.8+1.7-1.1+4.6

+3.4+1.0+2.4-0.4+3.8

-10.6+0.3-10.9-1.2-9.5

-10.7+0.1-10.9-2.0-8.8

-10.1+2.5-12.5-0.7-9.4

15d

-8.6+3.9-12.5-2.2-6.5

-10.3-0.4-9.9-0.1-10.2

-14.3+1.2-15.6-15.3+1.0

-18.1-5.2-12.9-20.7+2.6

UpDownMarket · Nifty Smallcap 250Sector · Paints peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JSW Paints Limited has completed the acquisition of 60.76% shares of Akzo Nobel India Limited under the Share Purchase Agreement signed on 27 June 2025. The Acquirer now holds 27,871,723 equity shares, about 61.2% of paid-up capital, after the open offer completed on 14 November 2025. Promoters Imperial Chemical Industries Limited and Akzo Nobel Coatings International B.V. have been reclassified to the public category, indicating their exit.

Likely market impact

Change in control completed. JSW Paints now owns 61.2% of Akzo Nobel India. Promoters have exited to public category.