Akzo Nobel India Limited ( (IN:AKZOINDIA) ) has shared an announcement.
Akzo Nobel India Limited has announced the approval of a significant acquisition of intellectual property rights related to its decorative paints business from its holding company, Akzo Nobel Coatings International B.V. This strategic move, endorsed by the company’s Board of Directors and Audit Committee, includes acquiring trademarks, copyrights, patents, and business know-how, which is expected to strengthen the company’s market position and operational capabilities in the region.
More about Akzo Nobel India Limited
Akzo Nobel India Limited operates in the paints and coatings industry, focusing primarily on decorative paints. The company serves markets in India, Bangladesh, Bhutan, and Nepal, providing a range of products that enhance the aesthetic and protective qualities of surfaces.
YTD Price Performance: -8.68%
Average Trading Volume: 1,419
Current Market Cap: 148B INR
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