JSW Paints launches open offer to acquire up to 25.24% stake in Akzo Nobel India

The open offer is priced at ₹3,417.77 per share, subject to adjustments under Regulation 8(9) of the SEBI (SAST) Regulations, 2011. The total consideration, assuming full acceptance and no proportionate reduction, amounts to ₹3,929.06 crore in cash. Shares of Akzo Nobel India Ltd ended at ₹3,625.00, up by ₹25.05, or 0.70%, on the BSE.

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