In furtherance to disclosure (dated 27th June 2025) wherein the Company had intimated that pursuant to the execution of a Share Purchase Agreement (SPA) between Akzo Nobel India’s (the Company) promoter/ holding entities namely Imperial Chemical Industries and Akzo Nobel Coatings International B.V. with JSW Paints (the Acquirer), both the promoter entities have agreed to sell up to their entire shareholding (respectively and in aggregate) as held by them in the Company to JSW Paints (including its person/s acting in concert, if any), subject to the terms and conditions as set out in the SPA including approval from the Competition Commission of India to such acquisition/ combination and pursuant to Regulation 30 of the SEBI LODR Regulations, Akzo Nobel India has informed that they have been notified by the Acquirer (vide its email dated 17th September 2025 at 12:31 pm) that it has received approval from the Competition Commission of India (on 16th September 2025 evening) to the proposed acquisition/ combination as aforesaid.
The above information is a part of company’s filings submitted to BSE.
