Akzo Nobel India’s Drop Analyzed

Akzo Nobel India’s stock price dropped significantly on September 20, 2025. It fell by 12.94%, closing at Rs 3155.05. This drop was triggered by a large block deal involving shares from Akzo Nobel India’s main owner, Imperial Chemical Industries (ICI).

Key Points

• ICI sold a big chunk of Akzo Nobel India shares.
• The sale happened at roughly Rs 3,150 per share.
• This is a 13% discount compared to the previous day’s price.
• ICI owns almost half (45.46%) of the company’s shares.
• Akzo Nobel India makes Dulux Paints and other coatings.
• The company’s profits rose, but sales decreased slightly.

Understanding the Block Deal

A block deal is when a large number of shares are bought or sold in a single transaction. In this case, Imperial Chemical Industries (ICI), who controls Akzo Nobel India, sold approximately 9% of its shares. This sale took place at Rs 3,150 per share, which was considerably lower than the previous day’s closing price of Rs 3,623.95.

Company Overview

Akzo Nobel India is a well-known company that specializes in paints and coatings, most famously producing the Dulux Paints brand. It’s a key player in the Indian market. The company’s financial results for Q2 FY26 showed a strong increase in profit – Rs 1,682.80 crore – but revenue decreased by 15% to Rs 834.90 crore, indicating a potential challenge to overall growth.

Ultimately, this drop highlights the complexities of share ownership and fluctuating market values.