Akzo Nobel India Limited

JSW Paints Limited, the promoter of JSW Dulux Limited (JDL), has entered into a debenture trust deed (DTD) with Axis Trustee Services Limited for an aggregate amount of up to INR 2950,00,00,000/-. This DTD is for partially refinancing certain existing financial indebtedness of JSW Paints. While JDL is not a direct party to the DTD, certain specified clauses will be applicable to it. The DTD includes standard representations, warranties, covenants, and events of default. The DTD imposes no direct liabilities on JDL, but significant changes in JSW Paints' shareholding or control over JDL could trigger consequences as per the DTD.

JSW Dulux Limited (formerly Akzo Nobel India Limited) announced a significant corporate action following its Board Meeting on November 4, 2026. The company's Board approved the Unaudited Standalone & Consolidated Financial Results for the quarter and half-year ended September 30, 2026. Additionally, Mr. Bahram Navroz Vakil was appointed as an Additional Director in the category of an Independent Director for a three-year term, subject to shareholder approval. A key resolution was the approval to shift the company's registered office from Kolkata, West Bengal, to JSW Centre, Bandra Kurla Complex, Mumbai, Maharashtra. This change is also subject to shareholder and statutory/regulatory approvals. The company will seek shareholder approval for these items via a postal ballot process, including remote e-voting.

JSW Dulux Limited (formerly Akzo Nobel India Ltd.) announced the appointment of Mr. Bahram Navroz Vakil as an Additional Director in the category of an Independent Director. His appointment is effective from November 4, 2026, for a period of three years, concluding on November 3, 2029, subject to shareholder approval. The Board also approved the Unaudited Standalone & Consolidated Financial Results for the quarter and half-year ended September 30, 2026. Additionally, the company proposed to shift its registered office from Kolkata to Mumbai, subject to shareholder and regulatory approvals, which will be sought via postal ballot.

JSW Dulux Limited (formerly Akzo Nobel India Limited) announced that its Board of Directors, in a meeting held on November 4, 2026, approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also appointed Mr. Bahram Navroz Vakil as an Additional Independent Director for a three-year term, subject to shareholder approval. Additionally, the Board approved a proposal to shift the company's registered office from Kolkata to Mumbai, which also requires shareholder and regulatory approvals. The appointment of the director and the registered office shift will be put to shareholders for approval via postal ballot, including remote e-voting.

JSW Dulux Limited announced the outcome of its Board Meeting held on November 4, 2026. The Board approved the Unaudited Standalone & Consolidated Financial Results for the quarter and half-year ended September 30, 2026. Additionally, Mr. Bahram Navroz Vakil was appointed as an Additional Director in the category of Independent Director for a three-year term, subject to shareholder approval. The company also approved a proposal to shift its Registered Office from Kolkata to Mumbai, which will also require shareholder and regulatory approvals. The appointment of the new director and the registered office shift will be put to shareholders for approval via postal ballot.

HDFC Mutual Fund, through its various schemes, has increased its shareholding in JSW Dulux Limited. The aggregate holding rose by 2.21%, from 5.85% to 8.06% of the paid-up equity share capital. This acquisition of shares was made through open market transactions. The total paid-up equity share capital of JSW Dulux Limited is Rs. 45,54,03,140/-, comprising 45,54,03,140 equity shares of Rs. 1/- each post stock split.

JSW Dulux Ltd has announced a new official email ID for investor grievance redressal and shareholder correspondence. The new email address is jswdulux.investor@jsw.in. This change aims to streamline communication and ensure efficient handling of investor-related matters.

JSW Dulux Ltd has received an Appeal Order from the Karnataka GST Department, reducing the initial demand from ₹118.33 Cr to ₹42.04 Cr. The original show cause notice for the period April 2020 – March 2021 cited disallowance of input tax credit under Section 74 of the CGST/SGST Act, 2017. The reduced demand comprises Tax of ₹14.07 Cr, Interest of ₹13.90 Cr, and Penalty of ₹14.07 Cr. The company has submitted its response and is currently in the process of responding to the order within the indicated timeframe, with the order being open for further submissions to relevant authorities.

JSW Dulux Limited has announced that its Board of Directors will convene on November 4, 2026. The primary agenda item for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. This notification is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

JSW Dulux Ltd has received an Appeal Order from the Madhya Pradesh GST Department on October 13, 2026, concerning a Demand Order issued on August 28, 2024. The original Demand Order, for the period July 2022 to March 2023, had sought ₹77,13,373/- comprising Tax (₹70,12,157/-) and Penalty (₹7,01,216/-), with Nil interest. The company had filed an appeal against this order. The Commissioner of Appeals has now issued an Appeal Order dated October 8, 2026, annulling the original demand, making the demand amount Nil. This effectively resolves the litigation in favor of JSW Dulux Ltd.