NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company2d ago · 18 Aug 2026, 09:13 am
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 outcome of a pending litigation, where the CESTAT Department has set aside the demand for Central Excise duty, reducing the liability from Rs. 32,41,768 to nil.
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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_18082026091224_JSWDulux_Reg30_Intimation_CESTAT_15Jan2025_18Aug2026_update.pdf
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18th August 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 Order issued by the CESTAT Department, the Company has
received a Final Order on 17th August 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 15th January 2025, 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 CESTAT Department had originally proposed a
status and / or any development in Central Excise duty demand of Rs. 1.59 crore along
relation to such proceedings; with applicable interest and penalty, based on the
difference between the sales reported by the
Company in the P&L and ER-1 returns. After
adjudication, the said demand was reduced to Rs.
32,41,768 (comprising Tax amounting to Rs.
16,20,884/-; Interest as applicable; and Penalty
amounting to Rs. 16,20,884/-).
Subsequently, the Commissioner (Appeals), CGST
& CEX, Belapur, Navi Mumbai, rejected the
Company's appeal and passed the order on
15.01.2025.
The Company, thereafter, filed an appeal before
CESTAT, Mumbai against the Commissioner
(Appeals) order as aforesaid, along with the
necessary supporting documents, within the
prescribed time limit.
CESTAT, vide Final Order No. A/85956/2026 dated
31 July 2026 (received by the Company on
17.08.2026 at 9:45 am), has set aside the aforesaid
impugned Order and allowed the appeal in favour
of the Company thereby setting aside the entire
demand aggregating to Rs. 32,41,768/-
(comprising Tax amounting to Rs. 16,20,884/-;
Interest as applicable; and Penalty amounting to
Rs. 16,20,884/-).
As a result, the demand under the adjudication
Order stands annulled and there is no further
liability arising from the said Order.
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.