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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JSWDULUX · price

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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

-1.2%Reaction day

₹2884.90

prior close

₹2866.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-0.8% vs market

Paints peers, median of 8sector-1.5%+0.3% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and 0.3 pts more 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

-0.0

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-0.4-0.8-1.5+0.3

Next day

+0.3+0.2+0.1-2.7+3.0

+1.4+2.0-0.6-1.4+2.7

-2.5-0.7-1.8-2.7+0.2

-0.8-0.4-0.4-2.3+1.5

-1.0-4.2+3.2-4.6+3.5

+1.6+0.5+1.0-0.7+2.2

15d

+2.8+4.3-1.6+2.5+0.2

+2.6+9.0-6.5+9.8-7.2

+1.8+10.9-9.1+17.3-15.5

+10.7+16.9-6.2+19.1-8.3

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

JSW Dulux (formerly Akzo Nobel India) has updated the exchanges on a pending GST dispute with the Telangana GST Department. The original order dated 2 September 2024 raised a demand of about Rs. 1.51 crore for FY 2020-21 and 2021-22, relating to disallowance of input tax credit under Section 73 of the CGST/SGST Act. The company filed an appeal, and the Additional Commissioner (Appeals-II), Hyderabad issued an appeal order on 26 February 2026 (received 13 March 2026), which marginally reduced the demand to Rs. 1.50 crore. The company is preparing to make further submissions to contest the order within the allowed timeframe.

Likely market impact

This is a routine tax dispute update with a relatively small financial impact (around Rs. 1.5 crore) compared to the company's size. The marginal reduction in the demand is mildly positive, but since the matter is still being contested, it is not yet fully resolved and is unlikely to materially affect the stock price.