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Techno Paints plans to raise Rs 500 crore via IPO in FY27

Techno Paints and Chemicals CMD Akuri Srinivas Reddy with Indian cricketing legend Sachin Tendulkar HYDERABAD: Paints manufacturer Techno Paints and Chemicals, a Hyderabad-based paints manufacturer, is planning to raise Rs 500 crore through an initial public offering (IPO) by 2026-27, its chairman and managing director Akuri Srinivas Reddy said on Saturday.He said the company will…

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Paints consolidation: JSW Paints gets CCI nod for Rs 12,915 crore Akzo Nobel India deal; to become fourth-largest player

Fair trade regulator Competition Commission of India (CCI) has approved Sajjan Jindal-led JSW Paints’ plan to acquire a majority stake in Akzo Nobel’s India business in a Rs 12,915 crore transaction.JSW Paints had in June announced it would purchase a 74.76% stake in Akzo Nobel India for Rs 8,986 crore, followed by an open offer…

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