The Exchange has sought clarification from Akzo Nobel India Limited with respect to recent news item captioned Akzo Nobel India shares rally 6% as JSW Paints enters exclusive buyout talks. The response from the Company is awaited.

Listed-company acquisitionStrategic TransactionsExplain this filing

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

+4.0%Reaction day

₹3467.90

prior close

₹3556.90

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.5%+2.5% vs market

Paints peers, median of 8sector+0.9%+3.2% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Smallcap 250 and 3.2 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

-0.1

10m

-0.1

15m

+0.0

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0+1.5+2.5+0.9+3.2

Next day

+3.8+2.2+1.6+2.3+1.5

+3.8+1.3+2.5+0.5+3.3

+3.8+1.7+2.1-0.6+4.4

+4.3+1.7+2.5+0.2+4.0

+3.3+2.3+1.0+2.3+1.0

-1.2+3.0-4.2+0.9-2.1

15d

-6.5+7.0-13.5+0.1-6.6

-6.5+7.0-13.5-1.2-5.2

+1.6+11.3-9.7-1.6+3.2

-0.5+4.5-5.0+4.2-4.7

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

NSE has asked Akzo Nobel India to clarify a news report that JSW Paints has entered exclusive talks to buy out the company. The news had already pushed Akzo Nobel India's shares up about 6% in recent trading. JSW Paints belongs to the JSW Group, which is also linked to JSW Dulux Limited. The company has not yet responded to the exchange's query, and the outcome of these talks remains unconfirmed. If the deal goes through, it would mark a significant consolidation move in India's listed paints industry.

Likely market impact

Shares of Akzo Nobel India are likely to stay volatile until the company responds. If the buyout is confirmed, it could trigger a mandatory open offer for public shareholders and lead to a re-rating of the stock.