3,366.20 2.70(0.08%)
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Akzo Nobel India Limited was erstwhile incorporated as 'Indian Explosives Limited' on March 12, 1954, which got the name of the Company changed to 'Akzo Nobel India Limited' in February 2010. Since then, Company engaged in the business of manufacturing, trading and selling of paints and related products. It provides research and development services to its holding company and other group companies.The Company is presently into Coatings business. The Coatings business has two main components: Decorative Paints and Performance Coatings and is served by both organised and unorganised sectors. The company sells decorative paint under the well-known brand Dulux. Company is a subsidiary of Akzo Nobel N.V., a Dutch multinational company.The Company's manufacturing activities in India commenced in 1939 with the setting up of Alkali and Chemical Corporation of India Ltd in Rishra, West Bengal. In the year 1954, as the result of an agreement with the Government of India, they set up Indian Explosives Ltd in Gomia. Chemical and Fibres of India Ltd came up in Thane in 1963, manufacturing polyester staple fibre.The Company began their fertilizer manufacturing operations in Panki near Kanpur in the year 1969. This was the largest private sector investment in fertilizers in India. T...