Briefs: Asian Paints and Aegis Vopak
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Briefs: Asian Paints and Aegis Vopak

Asian Paints sells its stake in Akzo Nobel India

  • By Pravin Prashant | July 11, 2025

Asian Paints sells its stake in Akzo Nobel India

Asian Paints Ltd has sold its entire holding of 20, 10,626 equity shares in Akzo Nobel India Limited, representing 4.42 per cent of its paid-up share capital. The sale was executed at a price of Rs. 3,651 per share through the bulk deal mechanism.

Aegis Vopak Terminals to acquire LPG terminal at Pipavav

Aegis Vopak Terminals Limited (AVTL) and Aegis Logistics Limited (ALL), one of the promoter of the company, has executed on July 10, 2025, the Business Transfer Agreement (BTA), to acquire LPG terminal having cryogenic static storage capacity of 48,000 MT at Pipavav from ALL via slump sale basis on going concern basis on such terms and conditions as contained in the BTA resulting in new capacity addition at Pipavav.

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