JSW Dulux Limited has informed the Exchange regarding Appointment of Ms Ritika Chopra as Senior Management Personnel of the company w.e.f. May 13, 2026.
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JSW Dulux Limited (formerly Akzo Nobel India) held its Board meeting on May 13, 2026, approving audited financial results for FY26. Standalone revenue from operations declined to Rs. 35,992 mn from Rs. 40,693 mn, though net profit surged to Rs. 19,177 mn (vs Rs. 4,286 mn) due to Rs. 18,463 mn exceptional items from slump sale of Powder Coatings and International Research Center divisions. The Board recommended a final dividend of Rs. 50 per share, which together with a special interim dividend already paid (Rs. 156) totals Rs. 206 per share for FY26, double the previous year's Rs. 100. Statutory auditors Price Waterhouse Chartered Accountants LLP are completing their term and Deloitte Haskins & Sells LLP is recommended for a 5-year appointment. Ms. Ritika Chopra (Head HR) was appointed as Senior Management Personnel effective May 13, 2026. The auditors issued an unmodified opinion on the financial statements.
Strong financial performance driven by the Powder Coatings business sale boosted profitability and shareholder returns with doubled dividends. The auditor transition and HR appointment represent routine corporate governance updates without material impact on operations.