JSW Paints plans Rs.30-Cr bond issuance for debt refinancing

Mumbai-based JSW Paints is expected to raise about INR 30 crore through the issuance of four-year and five-year bonds in the coming weeks. The transaction is intended to refinance an earlier fundraise by the company for the acquisition of Akzo Nobel India in 2025.Founded in 2016, JSW Paints manufactures paint, offering a wide range of water-based interior and exterior wall paints. It claims to provide any colour at one price, ergonomic packaging, and eco-friendly products.