HDFC Mutual Fund has increased its aggregate holdings in Akzo Nobel India Ltd. to 5.85% of the company’s paid-up equity share capital as of December 17, 2025. This increase is attributed to acquisitions made by various HDFC Mutual Fund schemes. The disclosure was made in compliance with regulations regarding substantial acquisition of shares and takeovers.
HDFC Investment in Akzo Nobel
As of December 17, 2025, HDFC Mutual Fund schemes collectively hold 5.85% of Akzo Nobel India Ltd.’s paid-up equity share capital. This comprises 4,55,40,314 equity shares, each with a face value of Rs. 10.
Details of Acquisition
Prior to the recent acquisition, HDFC Mutual Fund held 22,56,862 shares, representing 4.96% of the total share capital. Following the acquisition, the total holding increased by 407,248 shares, bringing the total to 26,64,110 shares, or 5.85% of the company’s equity.
Breakdown of Holdings
The acquisition was executed through open market purchases. The increase in holdings reflects investment decisions across various HDFC Mutual Fund schemes, including HDFC BSE 500 ETF, HDFC Children’s Fund, HDFC Housing Opportunities Fund, HDFC Multi Cap Fund, and others.
Source: BSE