CCI Approves JSW Paints’ Stake Acquisition in Akzo Nobel India
Paint

CCI Approves JSW Paints’ Stake Acquisition in Akzo Nobel India

The Competition Commission of India (CCI) has approved the acquisition of up to 75 per cent shareholding in Akzo Nobel India Limited (the Target) by JSW Paints Limited (the Acquirer).
The proposed transaction involves the acquisition through a share purchase agreement and a mandatory open offer, collectively referred to as the Proposed Combination.
JSW Paints is a public unlisted company engaged in the manufacture and sale of decorative paints and industrial coatings in India. It is part of the JSW Group, which operates across sectors including steel, energy, infrastructure, cement, paints, realty, and sports.
Akzo Nobel India is a publicly listed company that also manufactures and sells decorative paints and industrial coatings in India and is part of the global Akzo Nobel Group.
A detailed order from the Commission will be issued in due course.

Image source:https://scanx.trade/

The Competition Commission of India (CCI) has approved the acquisition of up to 75 per cent shareholding in Akzo Nobel India Limited (the Target) by JSW Paints Limited (the Acquirer).The proposed transaction involves the acquisition through a share purchase agreement and a mandatory open offer, collectively referred to as the Proposed Combination.JSW Paints is a public unlisted company engaged in the manufacture and sale of decorative paints and industrial coatings in India. It is part of the JSW Group, which operates across sectors including steel, energy, infrastructure, cement, paints, realty, and sports.Akzo Nobel India is a publicly listed company that also manufactures and sells decorative paints and industrial coatings in India and is part of the global Akzo Nobel Group.A detailed order from the Commission will be issued in due course.Image source:https://scanx.trade/

Next Story
Infrastructure Urban

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Next Story
Real Estate

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Next Story
Infrastructure Transport

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?