NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company1d ago · 19 Oct 2026, 07:58 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
JSW Dulux Limited · JSWDULUX
✦ AI SummaryLitigation
JSW Dulux Limited has informed the Exchange about the update on pending litigation with the Karnataka GST Department regarding a show cause notice issued for the period from April 2020 to March 2021, with a demand of Rs. 42,04,21,825. The company has submitted its response and is currently in the process of responding to the order.
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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_19102026195843_JSWDuluxRegulation30Disclosure_KAGST_5thAugUpdate19Oct2026.pdf
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19th October 2026
Department of Corporate Services
BSE Limited The Listing Department
1st floor, New Trading Ring National Stock Exchange of India Ltd.
Rotunda Building, P J Towers Exchange Plaza, 5th floor,
Dalal Street, Fort Bandra-Kurla Complex
Mumbai - 400 001 Bandra (E)
Scrip Code: 500710 Mumbai – 400051
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 show cause notice issued by the Karnataka GST Department, the
Company has received an Appeal Order on 19th 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 5th August 2026, is enclosed as “Annexure-
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 Company received a Show Cause Notice from
status and / or any development in Karnataka GST Department on 5th August 2026, for the
relation to such proceedings; period from April 2020 – March 2021 mentioning
disallowance of input tax credit under u/s 74 of
CGST/SGST Act, 2017 and carrying a demand
aggregating to Rs.118,33,32,869/- (comprising Tax
amounting to Rs. 40,08,66,201/-; Interest amounting to
Rs. 38,17,70,313/-; and Penalty amounting to
Rs. 40,06,96,355/-)
To that, the Company submitted its response along with
the supporting documents within the given time limit.
The Asst. Commissioner of Commercial Taxes, LGSTO
LTU, Bengaluru, Karnataka GST Department,
reviewed the said response and issued an Order dated
15th October 2026 (received by the Company on
19.10.2026 at 3:30 pm). The Demand amount as per the
aforesaid Order is aggregating to Rs. 42,04,21,825/-
(comprising Tax amounting to Rs. 14,06,89,554/-;
Interest amounting to Rs. 13,90,42,717/-; and Penalty
amounting to Rs. 14,06,89,554/-).
This Order is open for further submissions to the
relevant authorities, and the Company is currently in the
process of responding to the same within the indicated
timeframe therein.
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
Not Applicable
proceedings, details of such
settlement including - terms of the
settlement, compensation/ penalty
paid (if any) and impact of such
settlement on the financial position of
the listed entity.