Akzo Nobel India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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Akzo Nobel India has received an order from the Bihar GST Department in connection with a show cause notice issued in September 2025. The dispute relates to disallowance of ISD (Input Service Distributor) input tax credit for the period April 2021 to March 2022. The original demand was Rs. 8.22 lakh, and the final order dated 26 December 2025 (received on 9 January 2026) has raised the aggregate demand marginally to Rs. 8.29 lakh, comprising tax of Rs. 4.79 lakh, interest of Rs. 3.02 lakh, and penalty of Rs. 0.48 lakh. The company is reviewing the order and plans to respond/submit further within the allowed timeframe. The order is not final and the company retains the right to contest it before higher authorities.
The financial impact is negligible at around Rs. 8.3 lakh for a company of Akzo Nobel India's size, and the order is still being contested. This is a routine tax dispute disclosure and is unlikely to have any material effect on the stock price or shareholder value.