NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company6d ago · 14 Oct 2026, 12:03 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

JSW Dulux Limited · JSWDULUX

✦ AI SummaryLitigation

JSW Dulux Limited has received an appeal order from the Madhya Pradesh GST Department, annulling a demand order of Rs. 77,13,373, and the company has filed an appeal against the order.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

JSW Dulux Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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AKZOINDIA_14102026120320_JSWDuluxRegulation30DisclosureMPGST_29Aug24_Update14Oct26.pdf

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14th October 2026 Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Ltd. 1st floor, New Trading Ring Exchange Plaza, 5th floor, Rotunda Building, P J Towers Bandra-Kurla Complex Dalal Street, Fort Bandra (E) Mumbai - 400 001 Mumbai – 400051 Scrip Code: 500710 Symbol: JSWDULUX Dear Sir/Madam, Sub: Update on pending litigation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is to inform that further to the Demand Order issued by the Madhya Pradesh GST Department, the Company has received an Appeal Order on 13th October 2026. Accordingly, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular SEBI/HO/CFD/CFDPoD- 1/P/CIR/2023/123 dated 13th July 2023, an update on the pending litigation, disclosed earlier on 29th August 2024, is enclosed as “Annexure-1”. Kindly take the aforesaid on record. Thanking you. Yours truly, for JSW Dulux Limited (formerly Akzo Nobel India Limited) Rajiv L. Jha General Counsel & Company Secretary Encl: As above Annexure-1 "Regularly check in until the litigation is concluded or the dispute is resolved." Sl. Particulars Details 1. The details of any change in the The Madhya Pradesh GST Department had issued status and / or any development in a Demand Order (dated 28th August 2024) under relation to such proceedings; Section 73 of the CGST/SGST Act, 2017, for the period from July 2022 to March 2023. The said Order disallowed Input Tax Credit (ITC) and mentioned a demand of Rs. 77,13,373/- (comprising Tax amounting to Rs. 70,12,157/- and Penalty amounting to Rs. 7,01,216; Interest thereon was stated as Nil in the said Order). The Company subsequently filed an appeal against the said Order along with the supporting documents within the given time limit. The Commissioner of Appeals, Madhya Pradesh GST Department, reviewed the said appeal and issued an Appeal Order (dated 8th October 2026) as received by the Company on 13th October 2026 at 5:40 pm). The demand amount as per the said Appeal Order is Nil and accordingly, the Demand Order stands annulled. In the case of litigation against key management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings in the event of settlement of the proceedings, details of such Not Applicable settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial position of the listed entity.