General | December 11, 2025
AkzoNobel completes sale of AkzoNobel India to JSW Group
The transaction includes AkzoNobel’s liquid paints and coatings business in India
The transaction includes AkzoNobel’s liquid paints and coatings business in India
Asian Paints sells its stake in Akzo Nobel India
The net cash proceeds are expected to be approximately €900 million of which around €500 million will be used for deleveraging
The company has posted net profit of Rs. 429.5 crores for the Financial Year ended March 31, 2025
The transactions will make AkzoNobel India a more focused liquid paints and coatings business
EBIT from operations for Q3 FY25 was at Rs. 143.5 crore, down by 2% and PAT at Rs. 108.6 crore was down by 5%
Akzo Nobel India has reported total income of Rs. 991.4 crores during the period ended September 30, 2024
India is now the regional headquarters of AkzoNobel's decorative paints business in the newly formed South Asia region
The company has reported total income of Rs. 931 crores during the period ended September 30, 2022.
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