NSEAction(s) initiated or orders passed25 Aug 2026 · 25 Aug 2026, 09:43 am

Action(s) initiated or orders passed

JSW Dulux Limited · JSWDULUX

✦ AI Summary▼ NegativeRegulatory

JSW Dulux Limited has informed the Exchange about Action(s) initiated or orders passed regarding a GST audit disallowance of Input Tax Credit for the period from April 2022 to March 2023 aggregating to Rs. 84,75,163/-, comprising Tax amounting to Rs. 77,04,694/-, Interest – Nil, and Penalty amounting to Rs. 7,70,469/-.

Analysis Scores

Earnings Impact5/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10

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JSW Dulux Limited has informed the Exchange about Action(s) initiated or orders passed

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AKZOINDIA_25082026094227_JSWDulux_Reg30_Intimation_TGGST_OrderFY22_23_25Aug26.pdf

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25th 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/Ma’m, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023 read with Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/120 dated July 13, 2023, we do hereby disclose the attached information under Pendency of any litigation(s) or dispute or the outcome thereof which may have an impact on the listed entity. Kindly take the aforesaid on record. Thanking you. Yours truly, for JSW Dulux Limited (formerly Akzo Nobel India Limited) Rajiv L. Jha General Counsel and Company Secretary Encl: As above Annexure-1 Sl. Particulars Details 1. Name of the opposing party, Name of the opposing Party: Telangana GST Court/Tribunal/Agency where Department litigation is filed and Brief details of dispute/litigation Court/Tribunal/Agency: Asst. Commissioner, Allwyn, Telangana GST Department Brief details of litigation/dispute: As part of the GST Audit, an Order (dated 05.08.2026) u/s 73 of CGST ACT/Rules, 2017 has been received by the Company on 24.08.2026 (at 11:40 am) mentioning disallowance of Input Tax Credit for the period from April 2022 to March 2023 aggregating to Rs. 84,75,163/- (comprising Tax amounting to Rs. 77,04,694/-; Interest – Nil; and Penalty amounting to Rs. 7,70,469/-) Expected financial implications. Aggregating to Rs. 84,75,163/- (comprising Tax amounting to Rs. 77,04,694/-; Interest – Nil; and Penalty amounting to Rs. 7,70,469/-) as per the disallowance of Input Tax Credit Quantum of claims Total Liability aggregating to Rs. 84,75,163/- (comprising Tax amounting to Rs. 77,04,694/-; Interest – Nil; and Penalty amounting to Rs. 7,70,469/-) as per the aforesaid Order. Management view on outcome This Order and is open for further submissions of litigation/dispute before the relevant authorities and the Company is in the process of responding within the stipulated time as mentioned therein.