Akzo Nobel India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
JSWDULUX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.6 pts less than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Akzo Nobel India has received a Show Cause Notice from the Superintendent, Division-Belapur of the Maharashtra GST Department, alleging issuance of duplicate E-way Bills against the same invoice numbers for the period April 2018 to March 2019. The notice, dated 28 June 2025 and received on 1 July 2025, carries a total tax demand of ₹2,25,604 along with applicable interest and penalty. The company is in the process of preparing its response and will submit it within the stipulated time. This is a routine GST scrutiny matter at the show-cause stage — no penalty has been levied yet and no liability has been confirmed.
The demand amount of roughly ₹2.3 lakh is negligible compared to the company's size, so this is unlikely to have any material impact on the stock or shareholders. Investors should treat it as a routine tax compliance disclosure, with the actual outcome depending on the company's response and the authority's decision.