JSW Paints open offer for Akzo Nobel India at INR 3,231.77 per share

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JSWDULUX · price

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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

-1.3%Reaction day

₹3395.70

prior close

₹3357.60

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.5%-1.9% vs market

Paints peers, median of 8sector+0.0%-1.4% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Smallcap 250 and 1.4 pts less 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

-0.1

10m

-0.3

15m

-0.2

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3+0.5-1.9+0.0-1.4

Next day

-0.6+1.2-1.8+0.7-1.3

-1.8+1.0-2.8+0.6-2.5

-3.2+0.8-4.0-0.0-3.1

-4.4+1.5-5.9+0.1-4.5

-3.3+1.6-4.9-0.4-2.9

-3.8+2.0-5.8+0.4-4.2

15d

-2.3+0.3-2.5+2.9-5.2

-0.2-0.8+0.7+3.7-3.9

-7.2-3.0-4.2+0.5-7.7

-12.4-8.7-3.7-3.7-8.7

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, with JTPM Metal Traders and JSW Eduinfra, launched a mandatory cash offer for up to 11,840,482 Akzo Nobel India shares, equal to 26% of voting capital, at INR 3,231.77 each. The size may fall to 9,273,902 shares if tendered volume is high, keeping combined ownership at 75%. Independent directors called the price fair and reasonable. CCI approval was received, and tendering runs from October 23 to November 6, 2025.

Likely market impact

Public shareholders can tender for cash at INR 3,231.77 per share. The offer may support the stock near this level, subject to market prices and final tender results.