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JSW to sell unused Akzo Nobel India land to unlock capital and cut recovery timeline

Business
Published on 24 April 2026
JSW to sell unused Akzo Nobel India land to unlock capital and cut recovery timeline

Divestments could recoup up to half the deal value

JSW Group plans to monetize unused land it acquired with Akzo Nobel India, selling properties that are not currently needed for operations. The company expects the divestment could recover as much as half of its initial investment. It’s considering land sales in locations such as Thane to free up capital for broader business needs.

  • JSW wants to monetize unused land from its Akzo Nobel India acquisition
  • Planned divestments could help recover up to half of the initial investment
  • Sales in places like Thane may be used to free up capital
  • Proceeds are earmarked to support JSW’s wider business operations
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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