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Akzo Nobel aims to sell R&D operations

Mint Hyderabad

|

January 07, 2025

Paints and coatings maker Akzo Nobel India Ltd on Monday said its board has approved exploring the sale of its powder coatings business and R&D operations to a separate indirect wholly-owned arm, Akzo Nobel NV, following a request by parent firm.

Akzo Nobel NV (ANNV), the parent entity of Akzo Nobel India Ltd, has requested the board of directors of the company to consider, evaluate and start taking exploratory steps towards a potential sale of the company's powder coatings business and it

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