SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Imperial Chemical Industries divests 9% stake in Akzo Nobel India

18 Dec 2025 Evaluate

Akzo Nobel India’s former promoter -- Imperial Chemical Industries has divested 9% stake in the company for a consideration of around Rs 1,296 crore through an open market transaction. The Imperial Chemical Industries has offloaded 40,97,025 shares representing 9% of total shareholding of the company at an average price of Rs 3,163.50 apiece. 

Meanwhile, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio, an affiliate of Goldman Sachs Asset Management, has bought 3,35,465 shares representing 0.74% of total shareholding of the company at an average price of Rs 3,150 apiece. Post the acquisition, Goldman Sachs Asset Management's holding in the company rose to 1.79% from 1.05%.

Akzo Nobel India is engaged in the business of manufacturing, trading and selling of paints and related products. The Company also provides research and development services to the holding company and its group companies.

JSW Dulux Share Price

2881.45 -49.20 (-1.68%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Asian Paints 2516.30
Berger Paints India 484.35
Kansai Nerolac Paint 203.90
JSW Dulux 2881.45
Indigo Paints 838.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×