<h1>Paint company acquires 74.76% controlling stake in decorative paints manufacturer for Rs 8,986 crore</h1> A paint company acquired a 74.76% controlling stake in a decorative paints manufacturer for Rs 8,986 crore. The acquisition involves purchasing shares from Dutch parent entities, subject to regulatory approvals and mandatory open offer completion. The deal allows the acquiring company to expand its presence in India's fast-growing paint sector after entering the market in 2019. The target company operates across multiple paint segments including decorative, automotive, industrial, and marine coatings, with FY25 revenue of Rs 4,091 crore. The transaction positions the buyer as a major player in the competitive Indian paint market.