Page 141 - CW E-Magazine (29-7-2025)

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EXPOSURE MANAGEMENT
SRF ramps up cybersecurity for its industrial

operations with extended Tenable tie-up

US-based cybersecurity company, Information Offi cer, SRF. “The escalat- nating all vulnerabilities, it’s about
Tenable, has announced that SRF, a ing frequency of ransomware, phishing, knowing which ones matter most and
chemical-based multi-business entity and supply chain attacks, which now acting before attackers do,” said Rajeev
engaged in the manufacturing of indus- target both IT and OT environments, Verma, Chief Information Security
trial and speciality intermediates, has demands a delicate balance of robust Offi cer, SRF. “Tenable has helped us
expanded its long-standing engagement security measures without compromis- continuously assess and prioritise IT
with Tenable by adopting the ‘Tenable ing the agility and user experience vital risks for years. We are now extending
One Exposure Management Platform’. for business operations.” that confi dence into OT with Tenable
One, gaining a unifi ed view of our
The move will drive holistic risk Tenable said the deployment of exposure, whether at headquarters or
visibility across both Information Tech- ‘Tenable One’ will enable SRF to mea- on the factory fl oor”.
nology (OT) and Operational Techno- sure its global cyber risk exposure in
logy (OT) environments. a unifi ed view, benchmark its security With the deployment of ‘Tenable
posture against industry peers, and gain One’, SRF aims to establish a centra-
“The biggest challenge in our in- deeper insights from OT assets to drive lised OT security monitoring centre as
dustry lies in proactively outpacing the faster, more informed decisions. part of its SecureOT initiative, enhance
relentless evolution of cyber threats,” network segmentation, and roll out
said Sanjay Rao, President and Chief “Cybersecurity is not about elimi- advanced threat detection solutions.

REGULATORY APPROVAL
JSW Paints seeks CCI nod for Akzo Nobel India deal

Sajjan Jindal-led JSW Paints has and therefore, the relevant market
sought approval from the Competi- delineations may be left open. In June,
tion Commission of India (CCI) to Akzo Nobel NV, in a global statement,
acquire a majority stake in Dutch paint said it has signed an agreement to sell
maker Akzo Nobel’s India unit in a its shareholding in Akzo Nobel India
Rs. 12,915-crore deal. Ltd. (ANIL) to the JSW Group.

The development came after JSW However, the Dutch parent fi rm also
Paints announced in June this year said the India Powder Coatings busi-
that it will buy a 74.76 percent stake in ness and International Research Centre,
Akzo Nobel India for Rs. 8,986-crore, both currently part of ANIL, will be
followed by an open offer to buy an- “retained by Akzo Nobel” under full
other 25 percent from open market for ownership.
up to Rs. 3,929.06-crore, totalling over
Rs. 12,915-crore, to become the fourth- The Indian paint industry is led by
largest player in the paint industry in agreement, and a mandatory open Asian Paints. Besides Berger, Kansai
the country. offer,” according to a notice fi led with Nerolac, Akzo Nobel India (Dulux),
the CCI. Indigo Paints, Shalimar Paints, and
“The proposed transaction relates Nippon Paints are the other top brands.
to the acquisition of up to 75 percent The parties (JSW Paints and Akzo In the last 5-6 years, several new players
shareholding in the target (Akzo Nobel Nobel India) said the proposed combi- have entered the market, including
India Ltd.) by the acquirer (JSW nation does not raise competition con- Pidilite with Haisha Paints, Grasim
Paints Ltd.) through a share purchase cerns in any plausible relevant markets with its Birla Opus, and JSW Paints.

Chemical Weekly July 29, 2025 141

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