The open offer, managed by Morgan Stanley India Company Private Ltd, proposes the acquisition of up to 1,18,40,482 fully paid-up equity shares of face value ₹10 each from public shareholders at a price of ₹3,231.77 per share. Shares of Akzo Nobel India Ltd ended at ₹3,345.00, up by ₹3.85, or 0.12%, on the BSE.