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 received an order from the West Bengal GST Department on 9th January 2026, following a show cause notice issued in October 2025. The dispute relates to disallowance of input tax credit (ISD) for the period April 2021 to March 2022, under Section 73 of the CGST/SGST Act, 2017. The original demand of Rs. 62.75 lakh has been revised to Rs. 67.33 lakh after the Senior Joint Commissioner reviewed the company's response, with the increase mainly on account of higher interest. The company is now reviewing the order and plans to submit further representations within the allowed timeframe.
The demand amount is small relative to the company's size and is unlikely to materially affect financials or share price. However, the order remains open for appeal, so the final outcome is still uncertain. Retail investors should track further updates to see if the company decides to escalate the matter to higher appellate authorities.