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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.6%Reaction day

₹3345.00

prior close

₹3350.10

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-1.5% vs market

Paints peers, median of 8sector+0.1%-1.8% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Smallcap 250 and 1.8 pts less than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.7

15m

-1.2

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6-0.1-1.5+0.1-1.8

Next day

-1.1+0.1-1.2-0.0-1.1

-1.0+1.1-2.2+1.2-2.3

+0.3+2.0-1.6+1.4-1.0

-1.2+2.1-3.3+2.5-3.7

-0.5+2.2-2.7+0.5-1.1

-0.6+1.9-2.5+0.1-0.6

15d

+0.9+3.6-2.7+3.9-3.0

-1.3+4.4-5.8+2.7-4.1

-1.0+0.5-1.6-0.4-0.6

-6.1-0.9-5.2+0.0-6.1

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 Limited has received a Show Cause Notice dated 24 September 2025 from the Asst. Commissioner of the Kerala GST Department (Kakkanad Division, Kochi). The notice, issued under Section 73 of the CGST Act, proposes disallowance of Input Tax Credit claimed by the company for the period April 2021 to March 2022. The tax demand is Rs. 32.43 lakhs, with additional interest and penalty as applicable. The company has stated that this is a show cause notice at the initial stage and it is in the process of preparing its response within the stipulated deadline. The filing was made under SEBI Listing Regulations to disclose pending litigation/dispute that may impact the listed entity.

Likely market impact

The Rs. 32.43 lakh tax demand is very small relative to the company's size and is unlikely to be material for shareholders. Since this is only a show cause notice and not a final order, the company retains the right to contest it. Near-term stock impact is expected to be negligible unless the dispute escalates significantly.