Grasim Industries has reportedly emerged as the frontrunner to acquire a controlling stake in Akzo Nobel India from its Dutch parent company, which currently holds about 75% of the stake. This potential acquisition is expected to expand Grasim’s footprint in the coatings and chemicals industry.
As of 10:49 am, Grasim shares were trading 1.55% higher at ₹2,630.75 on the NSE.
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