-14.10 (-0.51%) Asian Paints has sold its entire holding of 20,10,626 equity shares in Akzo Nobel India, representing 4.42% of its paid-up share capital. The sale was executed at a price of Rs 3,651 per share through the bulk deal mechanism.
Asian Paints manufactures a wide range of paints for decorative and industrial use and also offers Wall Coverings, water proofing, adhesives and services under its portfolio.