JSW Dulux Limited
All news and filings related to JSW Dulux Limited.
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JSW Dulux faces ₹48.59 Crore GST demand notice
JSW Dulux Limited received a GST Show Cause Notice from the Karnataka GST Department for ₹48.59 Crore. The notice concerns disallowance of Input Tax Credit for April 2022 to March 2023. The demand includes tax, interest, and penalty. The company is preparing its response.
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JSW Dulux Wins GST Litigation; ₹9.89 Lakh Penalty Waived, Refund Issued
JSW Dulux received a Refund Order on September 7, 2026, from Karnataka GST Dept, waiving a ₹9.89 Lakh penalty imposed earlier. The order includes a refund of ₹10.81 Lakhs, comprising tax and interest, effectively annulling the demand. This resolves a GST litigation disclosed on December 31, 2024.
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JSW Dulux Limited's Overdraft Facility Rated ICRA AA- (Stable)
JSW Dulux Limited's ₹250.00 crore overdraft facility with ICICI Bank has been assigned an ICRA AA- (Stable) credit rating. The rating was communicated on September 4th, 2026, by ICRA Limited, indicating a stable outlook for the company's long-term debt.
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JSW Dulux Receives GST Show Cause Notice of ₹9,294 for ITC Disallowance
JSW Dulux Limited received a GST Show Cause Notice for ₹9,294 concerning disallowed Input Tax Credit from April 2020 to March 2022. The notice includes ₹4,647 in tax and ₹4,647 in penalty. The company is preparing a response to the Gujarat GST Department.
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JSW Dulux Receives GST Show Cause Notice for ₹1,965
JSW Dulux Limited received a GST Show Cause Notice from the Madhya Pradesh GST Department for ₹1,965. The notice pertains to alleged short payment of taxes and disallowance of Input Tax Credit for the period April 2020 to March 2022. The company is preparing its response.
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JSW Dulux Faces ₹84.75 Lakh GST Dispute
JSW Dulux received a GST order disallowing Input Tax Credit of ₹84.75 lakh for April 2022-March 2023. The amount includes ₹77.05 lakh tax and ₹7.70 lakh penalty. The company is responding to the Telangana GST Department's order.
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JSW Dulux Limited Publishes Newspaper Notification for Postal Ballot
JSW Dulux Limited published a newspaper notification for its Postal Ballot Notice on August 22, 2026. The notification appeared in the Business Standard (English) and Aajkaal (Regional) newspapers. This is a routine procedural update for corporate governance.
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JSW Dulux proposes 1:10 stock split, shareholders to vote via postal ballot
JSW Dulux Limited proposes a 1:10 stock split, reducing the face value of equity shares from ₹10 to ₹1. Shareholders will vote on this proposal, along with amendments to the Memorandum and Articles of Association, via remote e-voting. The voting period runs from August 22, 2026, to September 20, 2026, with results expected by September 22, 2026.
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JSW Dulux Director Rohit Totla Resigns, Last Day Nov 17
JSW Dulux Limited announces the resignation of Wholetime Director Mr. Rohit Ghanshyamdas Totla. His resignation is effective on or before November 17, 2026. The reasons cited are personal and professional.
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JSW Dulux faces ₹1.84 Crore GST demand notice for FY23
JSW Dulux Limited received a GST notice for disallowing Input Tax Credit for FY23. The total demand is ₹1.84 crore, including tax, interest, and penalty. The company is preparing its response to the notice.
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JSW Dulux Q1 FY27 Earnings Call Transcript Released
JSW Dulux reported Q1 FY27 revenue of ₹965 crore, an 18.8% like-to-like growth. EBITDA grew 14.7% to ₹115.1 crore. The company achieved strong volume growth of approximately 25%. Key strategies include market share gains, digital engagement, and integration with JSW Paints under Project Akshaya.
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JSW Dulux wins CESTAT appeal, demand of ₹32.4 Lakhs set aside
JSW Dulux Limited has won a significant appeal at CESTAT, Mumbai. The tax tribunal set aside a demand of ₹32.41 lakh (including ₹16.20 lakh tax and ₹16.20 lakh penalty) plus interest. This decision annuls the entire demand, resolving a dispute that originated from excise duty calculations.
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JSW Dulux Limited Publishes Newspaper Advertisement for Share Transfer Facility
JSW Dulux Limited has announced a special window for the transfer and dematerialisation of physical shares, running from February 5, 2026, to February 4, 2027. This facility is for shares transferred before April 1, 2019. Details were published on August 14, 2026. A previous notice dated July 28, 2026, has been withdrawn.
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JSW Dulux: Whole-time Director & CFO Krishna Rallapalli Resigns
Mr. Krishna Rallapalli has resigned as Whole-time Director and CFO of JSW Dulux Limited due to personal and professional reasons. His last working day will be on or before October 14, 2026.
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JSW Dulux: CFO Krishna Rallapalli Resigns, Last Day Oct 14, 2026
JSW Dulux Limited announced that Mr. Krishna Rallapalli has resigned as Wholetime Director & CFO due to personal and professional reasons. His last working day will be on or before October 14, 2026. The company has filed the necessary disclosures regarding this change in key management.
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JSW Dulux Holds Investor Call on Q1 FY27 Results, Audio Link Available
JSW Dulux Limited held an investor call on August 12, 2026, to discuss financial results for the quarter ended June 30, 2026. The audio recording is available on the company website. The transcript will be provided shortly.
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JSW Dulux Launches New Website: www.jswdulux.com
JSW Dulux Limited has launched a new official website with the domain name www.jswdulux.com. The old domain, www.akzonobel.co.in, will now automatically redirect to the new website, ensuring continuous access for stakeholders to company information and services.
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JSW Dulux publishes financial results for Q1 FY27
JSW Dulux Limited announced its financial results for the quarter ended June 30, 2026. Standalone total income from operations was ₹10462.89 lakh, with a net profit after tax of ₹74.2 lakh. Consolidated total income was ₹993.76 lakh, and net profit after tax was ₹133.11 lakh. The company published these results on August 12, 2026.
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JSW Dulux Q1 FY27: PAT Jumps 101.7% to ₹135.5 Cr on Strong Revenue Growth
JSW Dulux reported a 101.7% jump in Q1 FY27 PAT to ₹135.5 crore on 18.8% revenue growth to ₹965.0 crore. The company is strengthening its Dulux brand and expanding its product portfolio. Key initiatives include new product launches and Project Akshaya for operational efficiencies. Consolidated PAT was ₹79.7 crore.
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JSW Dulux approves 1:10 stock split, alters MoA and AoA
JSW Dulux Limited's Board approved a 1:10 stock split for its equity shares, reducing face value from ₹10 to ₹1. This aims to improve affordability and liquidity. The company will also alter its MoA and AoA, with completion expected within two months post-shareholder approval.
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JSW Dulux Approves 1:10 Stock Split, Enhancing Affordability and Liquidity
JSW Dulux Limited's Board approved a 1:10 stock split, dividing ₹10 face value shares into ₹1 face value shares. This aims to boost affordability, accessibility, and liquidity for retail investors. The company expects completion within two months post-shareholder approval. Authorized capital will change from 12.67 crore shares to 126.69 crore shares.
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JSW Dulux approves Q1 FY27 results, recommends 1:10 stock split
JSW Dulux reported Q1 FY27 revenue of ₹965.0 crore, a 2.8% decline YoY on a reported standalone basis. PAT increased by 48.8% to ₹135.5 crore. The Board approved a 1:10 stock split, subject to shareholder approval. New product launches include Dulux Aquatech upgrades and Sadolin Hydro PU.
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JSW Dulux Faces ₹1.75 Lakh GST Dispute in Tamil Nadu
JSW Dulux Limited received a GST order from Tamil Nadu authorities on August 6, 2026, alleging excess ITC claim for April 2017-March 2018. A penalty of ₹1,75,699 has been imposed. The company is preparing further submissions to address the dispute.
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JSW Dulux to Hold Q1 FY27 Results Conference Call on August 12, 2026
JSW Dulux Limited will host a conference call on August 12, 2026, at 3:00 PM IST to discuss its Q1 FY27 financial results for the quarter ended June 30, 2026. Key management personnel will be present.
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JSW Dulux Faces ₹118 Crore GST Litigation; Responding to Notice
JSW Dulux Limited received a GST notice alleging disallowance of Input Tax Credit for April 2020-March 2021. The potential financial implication is ₹118.33 crore, including tax, interest, and penalty. The company is preparing its response.
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JSW Dulux Faces ₹52.68 Lakh GST Litigation Over Input Tax Credit
JSW Dulux received a GST notice on August 5, 2026, regarding disallowance of Input Tax Credit for April 2020-March 2024. The total claim is ₹52.68 lakh, including tax, interest, and penalty. The company is preparing its response.
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JSW Dulux: Independent Director Hemant Sahai Ceases Tenure on Aug 2, 2026
Mr. Hemant Sahai has ceased to be an Independent Director of JSW Dulux Limited on August 2, 2026, upon completion of his second consecutive term. He was a member of key committees and chaired the Risk Management and Stakeholders Relationship committees.
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JSW Dulux Wins Karnataka GST Appeal; Demand of ₹1.58 Crore Annulled
JSW Dulux Limited's appeal against a Karnataka GST demand of ₹1.58 crore for the 2020-21 period has been successful. The company received an Appeal Order on July 19, 2026, annulling the original demand for tax, interest, and penalty. This follows an appeal filed against the initial order dated March 3, 2025.
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JSW Dulux Holds 72nd AGM, Discusses Transformation and Growth Strategy
JSW Dulux's 72nd AGM on July 10, 2026, focused on its transformation into JSW Dulux. The company reported FY26 revenue of ₹3,599.2 Crore, with EBITDA at ₹507.4 Crore and EPS of ₹73.3. Management outlined a strategy to become the second-largest paints player, targeting leadership in industrial coatings by 2031 and significant growth in decorative paints. Shareholders inquired about cost optimization, R&D investment, and future growth plans.
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JSW Dulux clarifies it's not part of Akzo Nobel NV's business after $8.6bn offer.
JSW Dulux Limited clarified it is no longer part of Akzo Nobel NV's global entities. This follows JSW Paints Limited's acquisition of the erstwhile promoters' shareholding on December 10, 2025. Therefore, JSW Dulux cannot comment on the news regarding Akzo Nobel's rejection of an $8.6 billion offer.
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JSW Dulux Appoints Deloitte Haskins & Sells LLP as Statutory Auditor for 5 Years
JSW Dulux Limited shareholders approved the appointment of Deloitte Haskins & Sells LLP as Statutory Auditor for a five-year term from FY 2026-27 to FY 2030-31 at the 72nd AGM held on 10th July 2026. This follows recommendations from the Audit Committee and Board.
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JSW Dulux Holds 72nd AGM on July 10, 2026; Discusses Financials & Dividends
JSW Dulux held its 72nd AGM on July 10, 2026. Key decisions included adopting FY26 financial statements, declaring a final dividend of ₹50 per share (in addition to interim ₹156), appointing two directors, and naming Deloitte Haskins & Sells LLP as statutory auditors for five years.
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JSW Dulux: GST Demand Order of ₹9.89 Lakhs Annulled by Appeal
JSW Dulux Limited's appeal against a ₹9.89 lakh GST demand order has been successful. The Karnataka GST Department's penalty, issued on December 30, 2024, was annulled by an Appeal Order received on July 6, 2026. The company had filed an appeal following the discrepancy related to an E-Waybill and Invoice.
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JSW Dulux: Annual Report & 72nd AGM Notice Sent to Shareholders
JSW Dulux Limited has dispatched letters to shareholders without registered email addresses. These letters provide access to the Notice of the 72nd AGM and the Annual Report for FY2025-26 via a weblink and QR code. This is a compliance measure under SEBI regulations.
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JSW Dulux Limited Announces 72nd AGM on July 10, 2026, via Video Conference
JSW Dulux Limited will hold its 72nd Annual General Meeting (AGM) on July 10, 2026, via video conference. The company published notices in Business Standard and Aaj Kaal on June 17, 2026. Book closure for the AGM is from July 4-10, 2026.
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JSW Dulux Ltd. publishes newspaper ad for special window for share transfer/demat.
JSW Dulux Limited announced a special window for transferring and dematerialising physical shares, operational from May 15, 2026, to November 4, 2027. This compliance measure under SEBI regulations targets shares pending transfer or dematerialisation, requiring specific documentation for transfers completed before April 1, 2019.
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JSW Dulux Limited Announces 72nd AGM on July 10, 2026
JSW Dulux Limited will hold its 72nd AGM on July 10, 2026, via video conference. Newspaper advertisements were published on June 9-10, 2026. E-voting facilities are available. The agenda includes the financial year 2025-26 proceedings.
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JSW Dulux Promoters Hold 2.78 Crore Shares, No Encumbrance
JSW Paints Limited, promoters of JSW Dulux Limited, hold 2,78,71,723 equity shares as of March 31, 2026. They confirm no shares are encumbered, directly or indirectly, in compliance with SEBI Takeover Regulations.
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JSW Dulux Announces Transfer of Shares to IEPF Authority
JSW Dulux Limited is transferring unclaimed shares and dividends to the IEPF Authority from September 4, 2026. Shareholders must claim dues by August 31, 2026, to prevent transfer. This follows non-receipt of dividends for seven consecutive years starting from 2018-19.
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JSW Dulux Limited Constitutes ESOP Trust Deed Dated May 26, 2026
JSW Dulux Limited has established the JSW Dulux ESOP Trust via a deed dated May 26, 2026. This is to administer the ESOP 2026 scheme, approved by the board on March 23, 2026, and shareholders on April 26, 2026.
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JSW Dulux Limited Clarifies Previous Financial Statement Error
JSW Dulux Limited clarified an inadvertent interchange of account heads for FY 2024-25 comparable numbers in its financial statements filed on May 13, 2026. The error in the Statement of Assets and Liabilities for the year ended March 31, 2026, does not impact the auditors' opinion.
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JSW Dulux Q4 FY26 Earnings Call Transcript Released; Board Approves Final Dividend
JSW Dulux reported a 23% volume growth for Q4 FY26, alongside a 6.2% revenue increase. The company's board approved a final dividend of ₹50 per share. Management highlighted strategic price adjustments and transformation initiatives, aiming for double-digit volume growth in FY27.
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JSW Dulux Limited Publishes Newspaper Advertisement for Q4 FY26 Financial Results
JSW Dulux Limited published newspaper advertisements on May 15, 2026, for its financial results for the quarter and year ended March 31, 2026. This is a compliance filing under SEBI regulations.
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JSW Dulux Holds Investor Call on Q4 FY26 Results, Audio Link Provided
JSW Dulux Limited held a conference call on May 14, 2026, to discuss financial results for the quarter and year ended March 31, 2026. An audio recording of the call is available online, and the transcript will be provided shortly.
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JSW Dulux: MUFG Intime India to be new Registrar and Share Transfer Agent post-merger
JSW Dulux Limited's Registrar and Share Transfer Agent, CB Management Services Private Limited, has merged with MUFG Intime India Private Limited, effective 8 May 2026. MUFG Intime India Private Limited will now act as the new RTA. Contact details remain largely the same, with updated email and website.
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JSW Dulux Grants 2,57,682 ESOPs at ₹2922.80 Each
JSW Dulux Limited has granted 2,57,682 ESOPs to employees under its ESOP 2026 scheme. The exercise price is set at ₹2922.80 per option, based on the market price of 12th May 2026. The grant was approved by the Nomination and Remuneration Committee on 13th May 2026.
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JSW Dulux Q4FY26: PAT Jumps 52% to ₹125.7 Cr; Recommends ₹50 Dividend
JSW Dulux reported a 52% year-on-year increase in Q4 FY26 PAT to ₹125.7 crore, excluding carved-out business. Full-year PAT surged 443% to ₹1,973.8 crore. The company recommended a final dividend of ₹50 per share. Key appointments and a name change to JSW Dulux Limited were also announced.
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JSW Dulux Board Approves FY26 Results, Recommends ₹50 Dividend; New Auditors Appointed
JSW Dulux Limited approved its FY26 audited standalone and consolidated financial results. The company recommended a final dividend of ₹50 per share, with a record date of July 3, 2026, and payment by August 8, 2026. M/s. Deloitte Haskins & Sells LLP is recommended as the new statutory auditor for five years. The 72nd AGM is scheduled for July 10, 2026.
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JSW Dulux Recommends ₹50 Final Dividend; Sets July 3 Record Date
JSW Dulux Limited approved audited financial results for FY26. The Board recommended a final dividend of ₹50 per share, with July 3, 2026, set as the record date. The 72nd AGM will be held on July 10, 2026. M/s. Deloitte Haskins & Sells LLP are recommended as new statutory auditors.
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JSW Dulux Board Approves FY26 Results, Recommends ₹50 Final Dividend
JSW Dulux Limited's Board approved FY26 audited financial results. A final dividend of ₹50 per share is recommended, with a record date of July 3, 2026, and payment by August 8, 2026. Deloitte Haskins & Sells LLP recommended as new statutory auditors. The 72nd AGM is scheduled for July 10, 2026.
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