Akzo Nobel India Limited has informed the Exchange regarding Proceedings of Postal Ballot
JSWDULUX · price
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Akzo Nobel India Limited has wrapped up the e-voting phase of its postal ballot, which closed on 2nd March 2026 at 5:00 PM. The ballot, which ran from 1st February to 2nd March 2026, put four resolutions before shareholders. These include appointing Parth Sajjan Jindal (of the JSW Group) as Non-Executive Non-Independent Director and Chairman, appointing Shantanu Maharaj Khosla as Independent Director, redesignating Rajiv Rajgopal from Chairman and Managing Director to Joint Managing Director and CEO, and approving the company's rebranding to JSW Dulux Limited along with changes to its constitutional documents. The Scrutinizer, A K Labh, will submit his report within 48 hours, after which the company will announce the final results.
This signals a major leadership and brand transition for Akzo Nobel India, with the JSW Group taking operational control and renaming the company to JSW Dulux Limited. Once the resolutions are approved, shareholders can expect a new corporate identity, fresh strategic direction under Parth Jindal's chairmanship, and potential shifts in business priorities tied to the paints and coatings segment.