10 Feb 2026
Deal: Trilegal advised Akzo Nobel N.V. on the proposed sale of up to 74.76% stake in Akzo Nobel India
02 Jul 2025
02 Jul 2025
Trilegal advised Akzo Nobel N.V. on the proposed sale of up to 74.76% stake in Akzo Nobel India to JSW Paints. The transaction involved complex structuring, governance and regulatory aspects and has triggered an open offer under Indian takeover rules. Trilegal also advised on vendor diligence, transition planning, IP arrangements, and regulatory approvals required for the transaction.
The Trilegal Team was led by Partners: Yogesh Singh, Ankush Goyal and Sumi Saikia. The corporate team also included Counsel: Prarthna Baranwal; Senior Associates: Amit Nain, Nikhil Issar, Natansh Jain, Pallav Gupta, Shiluti Walling, Nabarun Ray and Suyash Bhamore; and Associates: Praduta Singh and Sakshi Sharma.
The Trilegal Real Estate Team advising on the matter was led by Partner: Sadaf Shaikh; and supported by Counsels: Dilnaz Bapasola and M U Ganashruthi; Senior Associate: Roshini Bansal; and Associate: Ayush S Rao and Mahathi U.
The Trilegal Intellectual Property Team advising on the matter was led by Partner: Kirti Balasubramanian; and supported by Associates: Paarth Samdani and Rimjhim Mishra.
The Trilegal Anti-Bribery and Anti-Corruption Team advising on the matter was led by Partners: Kunal Gupta and Siddharth Gupta; and supported by Counsel: Sahil Bansal; and Associate: Vidushi Gupta.
The Trilegal Employment Law Team advising on the matter was led by Partner: Swarnima; and supported by Senior Associates: Banuprakash N and Sohail Hafesjee; and Associates: Aaryana Anand, Mridhushi Damani, and Sahana R.
The Trilegal Tax Team advising on the matter was led by Partners: Himanshu Sinha and Komal Dani; and supported by Counsels: Rohit Kumar S and Yash Varmani; Senior Associates: Anjani Kumar, Deepanshu Jhanwar, Samyak Jain, and Utkarsh Mittal; and Associates: Hema Preethi, Ishabh Verma, and U Shreyas.
The Trilegal Competition Team advising on the matter was led by Partner: Gautam Chawla; and supported by Counsel: Ankush Walia; Senior Associate: Madhav Kapoor; and Associates: Akanshha Agarwal and Umang Chaturvedi.
The Trilegal Technology, Media and Telecommunications Team advising on the matter was led by Partner: Jyotsna Jayaram; and supported by Senior Associate: Sidharth Ray; and Associates: Anushka Gupta, Joseph Antony Padikkala, and Pranay Jalan.
The Trilegal Capital Markets Team advising on the matter was led by Partners: Bhakta Patnaik and Albin Thomas; and supported by Counsel: Malika Grewal.
The Trilegal Environment Law Team advising on the matter was led by Partner: Rajat Jariwal; and supported by Senior Associates: Gaurav Sharma and Prerna Singh; Consultant: Nishtha Kumar; and Associate: Dev Chand.
The Trilegal Corporate Governance and Compliance Team advising on the matter was led by Partner: Sampath Kumar; and supported by Senior Associate: Nikita Vijay; and Senior Consultant: Charu Tiwari.
Media link:
https://www.reuters.com/world/india/jsw-paints-buys-akzo-nobels-stake-indian-unit-2025-06-27/
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With more than 140 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,100 professionals across Mumbai, Delhi, Bengaluru, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024, India Deal Firm of the Year at the Asian Legal Business (ALB) India Law Awards in 2023, and Best Law Firm to Work by Vahura in 2022.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com
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