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Akzo Nobel India Limited ( (IN:AKZOINDIA) ) has provided an update.
Akzo Nobel India Limited’s board has approved a proposal to change the company’s name to “JSW Dulux Limited,” reflecting an impending rebranding that will take effect subject to regulatory and shareholder approvals, including changes to its Memorandum and Articles of Association. The board also cleared a postal ballot process to seek shareholder approval for key governance changes, including appointing Parth Sajjan Jindal as Non-Executive Non-Independent Director and Chairman, appointing Shantanu Maharaj Khosla as Independent Director, and redesignating Rajiv Rajgopal as Joint Managing Director & Chief Executive Officer, signaling a significant shift in the company’s leadership structure and branding that could reshape its market positioning under the JSW association.
More about Akzo Nobel India Limited
Akzo Nobel India Limited is a leading paints and coatings company in India, best known for its Dulux brand. It operates in the decorative and industrial coatings segments, supplying products for home, commercial and industrial applications, and is part of the broader global paints and coatings market.
Average Trading Volume: 39,445
Technical Sentiment Signal: Hold
Current Market Cap: 133.6B INR
Find detailed analytics on AKZOINDIA stock on TipRanks’ Stock Analysis page.