ICIL Sells ~9% Stake in Akzo Nobel India for ₹1296 Crore via Block Deal

Akzo Nobel India Limited has been informed by Imperial Chemical Industries Limited (ICIL), a public shareholder, about the sale of 40,97,025 equity shares in the company. This sale, constituting appro...

Akzo Nobel India Limited has been informed by Imperial Chemical Industries Limited (ICIL), a public shareholder, about the sale of 40,97,025 equity shares in the company. This sale, constituting approximately 9% of the total paid-up capital, was executed through a Block Deal on the National Stock Exchange of India Limited on 17th December 2025. The aggregate consideration received by ICIL for this transaction was ₹1296.09 crore (rounded off). Following this transaction, ICIL no longer holds any equity shares in Akzo Nobel India Limited. The buyers in this Block Deal are from the general public and do not include any promoters, promoter group, or group companies. The transaction is not considered a related party transaction and does not involve the sale of any undertaking, thus Regulation 37A of SEBI LODR Regulations is not applicable. The settlement for this sale is on a T+1 basis, with the expected completion date of the sale being 18th December 2025.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is Akzo Nobel India Limited in the news today?

Akzo Nobel India Limited (AKZOINDIA) is in the news due to the announcement details a significant block deal where a major shareholder has divested its stake. while the transaction amount is substantial, it does not inherently indicate a positive or negative outlook for the company's future performance.

Substantial Acquisition of Shares and TakeoversShareholding PatternOther Regulatory Filings
Akzo Nobel India LimitedAKZOINDIAhttps://prysm.fi/v2/analyze/AKZOINDIA

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

ICIL Sells ~9% Stake in Akzo Nobel India for ₹1296 Crore via Block Deal

December 19, 2025, 08:07 AM

AI Sentiment Analysis

Akzo Nobel India Limited has been informed by Imperial Chemical Industries Limited (ICIL), a public shareholder, about the sale of 40,97,025 equity shares in the company. This sale, constituting approximately 9% of the total paid-up capital, was executed through a Block Deal on the National Stock Exchange of India Limited on 17th December 2025. The aggregate consideration received by ICIL for this transaction was ₹1296.09 crore (rounded off).

Following this transaction, ICIL no longer holds any equity shares in Akzo Nobel India Limited. The buyers in this Block Deal are from the general public and do not include any promoters, promoter group, or group companies. The transaction is not considered a related party transaction and does not involve the sale of any undertaking, thus Regulation 37A of SEBI LODR Regulations is not applicable.

The settlement for this sale is on a T+1 basis, with the expected completion date of the sale being 18th December 2025.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained - “Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

Top Queries to Ask About Akzo Nobel India Limited

More News on Akzo Nobel India Limited

Discover more trending news on Prysm

View All