The Nobel Prize laureates created molecular constructions with large spaces through which gases and other chemicals can flow
Stocks to Watch today, September 25, 2025: From Polycab to Akzo Nobel, here is a list of stocks that will be in focus today
Paints and coatings maker Akzo Nobel India Ltd on Monday reported a 20.6 per cent decline in consolidated net profit to Rs 91 crore in the June quarter, impacted by lower sales amid tepid consumer demand. It had posted a consolidated net profit of Rs 114.6 crore in the corresponding period last fiscal, Akzo Nobel India said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 995.1 crore as compared to Rs 1,036.3 crore in the year-ago period, it added. Total expenses in the April-June quarter were marginally lower at Rs 881.6 crore against Rs 891.7 crore in the same period a year ago, the company said. The company, in which JSW Paints had agreed to buy a 74.76 per cent stake for Rs 8,986 crore last month, followed by an open offer to buy another 25 per cent from the open market for up to Rs 3,929.06 crore, said its board has approved a one-time special interim dividend of Rs 156 per share. Akzo Nobel India Chairman and Managing Direc
Sajjan Jindal-led JSW Paints has sought approval from the Competition Commission of India (CCI) to acquire a majority stake in Dutch paint maker Akzo Nobel's India unit in a Rs 12,915-crore deal. The development came after JSW Paints announced in June this year that it will buy a 74.76 per cent stake in Akzo Nobel India for Rs 8,986 crore, followed by an open offer to buy another 25 per cent from open market for up to Rs 3,929.06 crore, totalling over Rs 12,915 crore, to become the fourth-largest player in the paint industry in the country. "The proposed transaction relates to the acquisition of up to 75 per cent shareholding in the target (Akzo Nobel India Ltd) by the acquirer (JSW Paints Ltd) through a share purchase agreement, and a mandatory open offer," according to a notice filed with the Competition Commission of India. The parties (JSW Paints and Akzo Nobel India) said the proposed combination does not raise competition concerns in any plausible relevant markets and therefor
Conglomerate to acquire 75% in Dutch paint maker for ₹8,986 cr; to become fourth-largest player in the sector
Firm's mcap surges 84% in 4 years; combined mcap of rivals slips 23%
Under the revised timeline, all terms and conditions of the original offer remain unchanged
The transaction also includes the sale and transfer of intellectual property rights for the decorative paints business in India, Bangladesh, Bhutan, and Nepal for Rs 1,152 crore
Stocks to Watch, Feb 19, 2025: From Airtel to L&T, here is a list of few stocks that will remain in focus today
While JSW Group is not expected to make an aggressive offer, Kolkata-based Berger Paints has already dropped out of the race citing high valuation
Responding to questions from the media on Akzo Nobel, Abhijit Roy, managing director (MD) and chief executive officer (CEO), Berger Paints India, said bids were invited
On organic expansion, JSW Paints plans to invest Rs 1,000 crore in the next three to five years
Here is the complete list of stocks that will trade ex-dividend next week, along with key details of their dividend announcements
On October 4, Akzo Nobel India received communication from Akzo Nobel NV that AkzoNobel for a portfolio review with initial focus on Deco South Asia.
Akzo Noble India shares climbed following the start of commercial production of powder coating products from its Gwalior plant with an installed capacity of 5,166 tonne per annum.
Paints and coatings maker Akzo Nobel India Ltd on Thursday reported a 13.94 per cent increase in consolidated net profit to Rs 108.7 crore in the fourth quarter ended March 2024, driven by volume growth. The company had posted a consolidated net profit of Rs 95.4 crore in the same quarter previous fiscal, Akzo Nobel India Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter was Rs 973.4 crore as compared to Rs 951.4 crore in the year-ago period. The increase in revenue was driven by strong double-digit volume growth, the company said. Total expenses were higher at Rs 836.7 crore over Rs 824.9 crore a year ago. Akzo Nobel India said its board has recommended a final dividend of Rs 25 per equity share for the financial year 2023-24 subject to shareholders' approval in the forthcoming annual general meeting. The total dividend for FY24 aggregates to Rs 75 per share, including an interim dividend of Rs 50 declared earlier. For the fiscal ended
Paints and coatings maker Akzo Nobel India Ltd on Thursday reported a 44.03 per cent increase in its consolidated net profit to Rs 94.2 crore for the September quarter. The company had posted a net profit of Rs 65.4 crore in the year-ago period, according to a regulatory filing by Akzo Nobel. Its revenue from operations was up 3.24 per cent to Rs 956.3 crore during the second quarter of the current fiscal as against Rs 926.2 crore in the corresponding period of the previous fiscal. Total expenses of Akzo Nobel, maker of Dulux paints, were down marginally to Rs 838.3 crore in the second quarter of FY 2023-24. Akzo Nobel India total income in the September quarter was Rs 965.2 crore, up 3.67 per cent. Commenting on the results, Akzo Nobel India Managing Director Rajiv Rajgopal said, "In Q2 FY24, we continued building on margin improvement and topline growth. Coatings business and B2B segment registered strong growth." "In retail, softening demand and erratic rains muted sales. ...
In the past one month, the stock has outperformed the market by gaining 12 per cent as compared to a 4.4 per cent rise in the S&P BSE Sensex
Chief Executive Thierry Vanlancker said raw material inflation was expected to continue in the remainder of 2018
Akzo first announced plans to sell the business, which accounts for a third of its sales and profit, in April, as it looked to evade a takeover from rival PPG Industries