Briefs: Asian Paints and Aegis Vopak

Briefs: Asian Paints and Aegis Vopak

By: Pravin Prashant

Last updated : July 11, 2025 1:36 pm



Asian Paints sells its stake in Akzo Nobel India


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.

Asian Paints Aegis Vopak Akzo Nobel India Limited

First Published : July 11, 2025 12:00 am