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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Awaiting price reaction for this filing.
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.
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.