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 a Show Cause Notice from the Joint Commissioner of State Tax, Patna (Bihar GST Department) dated September 23, 2025, regarding disallowance of Input Tax Credit for the period April 2021 to March 2022. The total demand raised is Rs. 8,22,423, comprising tax of Rs. 4.79 lakh, interest of Rs. 2.94 lakh, and penalty of Rs. 0.48 lakh. The notice was received by the company on September 24, 2025. Management has stated that the company is in the process of preparing its response and will submit it within the stipulated time.
The financial impact is negligible given the small demand size (under Rs. 9 lakhs) relative to the company's overall scale. This is an early-stage tax dispute with no final order yet, and the matter is unlikely to materially affect the stock price or shareholder value.