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.
The recommendation of a final dividend and the appointment of new auditors are material events for the company's governance and investor relations. The financial results, while approved, are accompanied by significant exceptional items which warrant careful consideration.
The company reported its financial results and recommended a final dividend, which are positive developments for shareholders. The appointment of new auditors is a routine corporate action.
JSW Dulux Limited (formerly Akzo Nobel India Limited) announced the outcome of its Board Meeting held on May 13, 2026. The Board approved the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026.
The company recommended a Final Dividend of ₹50 per equity share for the Financial Year 2025-26. This dividend, if declared by shareholders at the 72nd Annual General Meeting (AGM), will be paid on or before August 8, 2026. The record date for determining eligibility for this dividend has been fixed as Friday, July 3, 2026.
Significant changes in auditing were also announced. The term of the current statutory auditors, M/s. Price Waterhouse Chartered Accountants LLP, will conclude at the upcoming 72nd AGM. The Board recommended the appointment of M/s. Deloitte Haskins & Sells LLP as the new Statutory Auditors for a consecutive period of five years, starting from the conclusion of the 72nd AGM until the conclusion of the 77th AGM, subject to shareholder approval.
Furthermore, the Board appointed M/s. Chandra Wadhwa & Co. as the Cost Auditors for the Financial Year 2026-27. The remuneration for these cost auditors will be placed before shareholders for ratification at the 72nd AGM.
In terms of senior management, Ms. Ritika Chopra has been appointed as Head HR and will serve as Senior Management Personnel of the Company, effective May 13, 2026.
The 72nd Annual General Meeting (AGM) is scheduled to be held on Friday, July 10, 2026, through Video Conference (VC) or Other Audio Visual Means (OAVM). The Register of Members and Share Transfer Books will be closed from July 4, 2026, to July 10, 2026, inclusive, for the purpose of the AGM. The cut-off date for remote e-voting eligibility is July 3, 2026.
The Board Meeting commenced at 3:30 pm and concluded at 8:00 pm. The auditors issued an unmodified opinion on the Standalone & Consolidated Financial Results for the Financial Year ended March 31, 2026.
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JSW Dulux Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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