Paints major Asian Paints on Wednesday exited Dulux paint-maker Akzo Nobel India by selling its entire 4.42 per cent stake in the company for Rs 734 crore through an open market transaction.

Asian Paints has sold its entire stake in Azko Nobel India. The company has sold 17.9 lakh shares of Dulux Paint maker for Rs 754 crore, says a CNBC-TV18 report.

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Asian Paints has offloaded its entire holding in Akzo Nobel India, the maker of Dulux Paints, for about ₹734 crore, the company informed exchanges on Wednesday. Through the bulk deal mechanism, it ...