NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company6 Jul 2026 · 6 Jul 2026, 04:59 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 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received an appeal order on 6th July 2026, annulling the penalty amount of Rs. 9,89,064/- under Section 129(3) of the SGST Act/Rules, 2017, for the fiscal year 2024-25.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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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_06072026165842_JSWDulux_Reg30_Intimation_KAGST_31Dec2024_6Jul2026_update.pdf

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6th July 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 Karnataka GST Department, the Company has received an Appeal Order on 6th July 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 31st December 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 status and / The Company received a demand order or any development in relation to such from the Karnataka GST Department on proceedings; 30th December 2024, mentioning a penalty amounting to Rs. 9,89,064/- under Section 129(3) of the SGST Act/Rules, 2017, for the fiscal year 2024-25. The said order was issued due to a discrepancy involving an E- Waybill and an Invoice (as per the said Order). To that, the Company filed an appeal along with the necessary supporting documents within the required timeframe. The Joint Commissioner of the LGSTO 38 in Bengaluru, Karnataka, reviewed the Company’s submission and issued an Appeal Order dated 1st July 2026 (received by the Company on 6th July 2026 at 10:30 am). According to the said Order, the penalty amount got 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 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.