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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Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹3160.00

prior close

₹3160.10

announcement price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.9%+2.2% vs market

Paints peers, median of 8sector-1.7%+2.0% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Smallcap 250 and 2.0 pts more than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

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UpDownMarket · Nifty Smallcap 250Sector · Paints peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Akzo Nobel India has received an order dated 23 December 2025 (received on 7 January 2026) from the Maharashtra GST Department in connection with a show cause notice issued on 1 July 2025. The original notice related to alleged issuance of a duplicate E-way bill for the period April 2018 to March 2019, under Section 74 of the CGST/SGST Act, 2017. The order raises a total demand of Rs. 4,51,208, comprising Rs. 2,25,604 in tax, an equivalent amount of Rs. 2,25,604 as penalty, plus applicable interest. The company is reviewing the order and plans to respond within the stipulated timeframe, keeping further legal options open.

Likely market impact

The demand amount is small (around Rs. 4.5 lakh) and financially immaterial for Akzo Nobel India. Near-term impact on the stock is likely negligible, but the outcome of the company's response and any further appeal will be worth tracking for completeness.