Board Meeting11 Aug 2026, 05:14 pm
JSW Dulux Approves Q1 FY27 Unaudited Results, Plans Share Split
AI Summary
JSW Dulux Limited (formerly Akzo Nobel India Limited) announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results and also resolved to recommend a sub-division of existing equity shares. Each equity share with a face value of ₹10 will be split into ten shares of ₹1 face value each. This share split is subject to shareholder approval via postal ballot and necessary regulatory clearances. The company also approved alterations to its Memorandum and Articles of Association to reflect the share split. The Board meeting concluded at 3:45 pm.
Key Highlights
- Approved unaudited standalone & consolidated financial results for Q1 FY27.
- Approved sub-division of equity shares (1:10 ratio).
- Share split subject to shareholder and regulatory approvals.
- Alterations to MoA and AoA approved for share split.
- Postal ballot process initiated for shareholder approvals.
Price Impact
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