Akzo Nobel India Limited has submitted the Exchange a copy of Scrutinizer's report on Postal Ballot. Further, the company has informed the Exchange regarding voting results.
JSWDULUX · price
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Akzo Nobel India Limited has submitted the scrutinizer's report and voting results of its postal ballot (e-voting window: 1 Feb – 2 Mar 2026). All four resolutions were passed with overwhelming majority, with overall approval ranging from 98.6% to nearly 100%. Resolution 1 (Ordinary): Appointment of Mr. Parth Sajjan Jindal as Non-Executive Non-Independent Director and Chairman – passed with 98.65% in favour. Resolution 2 (Special): Appointment of Mr. Shantanu Maharaj Khosla as Independent Director – passed with 99.99% in favour. Resolution 3 (Special): Redesignation of Mr. Rajiv Rajgopal from Chairman & MD to Joint MD & CEO – passed with 99.99% in favour. Resolution 4 (Special): Change of company name to 'JSW Dulux Limited' with corresponding changes to MOA/AOA – passed with 99.99% in favour. Total voting turnout was 84.56% of outstanding shares (around 3.85 crore shares voted).
This marks a clear change of control and rebranding toward the JSW Group, with Parth Jindal (JSW heir) now Chairman and the company to be renamed JSW Dulux Limited. Shareholders should expect a new stock identity on exchanges, likely strategic alignment with JSW's paints business, and possible future restructuring or capital actions.