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.