Imperial Chemical Industries Limited, a promoter of Akzo Nobel India, has sold 4,097,025 equity shares, representing approximately 9% of the company’s paid-up equity share capital. The sale was executed through a block trade on the National Stock Exchange of India Limited on December 17, 2025. The shares were sold as part of a strategic decision by the promoter.
Promoter Stake Divestment
On December 17, 2025, Imperial Chemical Industries Limited, a promoter of Akzo Nobel India, divested a significant portion of its stake in the company. The transaction involved the sale of 4,097,025 equity shares.
Details of the Transaction
The shares sold represent approximately 9% of Akzo Nobel India’s total paid-up equity share capital. The sale was executed on the floor of the National Stock Exchange of India Limited through a block trade mechanism.
Post-Transaction Shareholding
Following the sale, Imperial Chemical Industries Limited’s holding in Akzo Nobel India has been adjusted to reflect the reduced stake. The company’s equity share capital before and after the sale remains at 4,55,40,314.
Source: BSE