JSW Dulux appoints Deloitte as statutory auditor for FY 2026-27 to FY 2030-31

JSW Dulux shareholders have appointed M/s. Deloitte Haskins & Sells LLP as the statutory auditor for a five-year term from FY 2026-27 to FY 2030-31. The appointment was approved during the 72nd Annual General Meeting (AGM) held on July 10, 2026, based on the recommendation of the Audit Committee and the Board of Directors. The resolution received the requisite majority as per the Scrutinizer's Report dated July 11, 2026.

The AGM also confirmed the declaration of a final dividend of ₹50 per equity share for the financial year ended March 31, 2026. This is in addition to the interim dividend of ₹156 per share already paid. Shareholders approved the re-appointment of two directors, Mr. Krishna Rallapalli and Mr. Rohit Ghanshyamdas Totla, who retire by rotation.

Voting Results Summary

Resolution	Votes For	Votes Against	% For	% Against
Adoption of Financial Statements	39,101,663	3	99.9999	0.0001
Dividend Declaration	39,124,130	3,119	99.9920	0.0080
Re-appointment of Mr. Krishna Rallapalli	39,070,506	31,490	99.9195	0.0805
Re-appointment of Mr. Rohit Ghanshyamdas Totla	39,072,296	29,700	99.9240	0.0760
Appointment of Statutory Auditor	39,101,282	724	99.9981	0.0019
Ratification of Cost Auditor Remuneration	39,101,903	103	99.9997	0.0003

The remote e-voting process was conducted from July 7, 2026, to July 9, 2026, with the record date set as July 3, 2026. The meeting was attended by 70 shareholders via video conferencing, including one from the promoter group and 69 from the public. The voting results were scrutinized by M/s. A. K. Labh & Co., Company Secretaries.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.22%	-0.58%	-9.13%	+4.84%	-21.16%	+31.48%

JSW Dulux Ltd has successfully annulled a goods and services tax (GST) penalty of ₹9,89,064 following an appeal order issued by the Joint Commissioner of the LGSTO 38 in Bengaluru. The penalty, originally demanded by the Karnataka GST Department, was related to a discrepancy involving an E-Waybill and an Invoice for the fiscal year 2024-25. This resolution removes the financial liability associated with the demand order issued late last year.

The company had received the initial demand order on December 30, 2024, under Section 129(3) of the SGST Act/Rules, 2017. In response, JSW Dulux Ltd filed an appeal along with necessary supporting documents within the stipulated timeframe. The Joint Commissioner reviewed the submission and issued the appeal order on July 1, 2026, which was received by the company on July 6, 2026, at 10:30 am. The order confirmed that the penalty amount was annulled.

Details of the Litigation

The following table outlines the key details of the proceedings and the final outcome:

Sl. No.	Particulars	Details
1.	Status update	The Company received a demand order from the Karnataka GST Department on December 30, 2024, mentioning a penalty amounting to ₹9,89,064 under Section 129(3) of the SGST Act/Rules, 2017, for the fiscal year 2024-25. The said order was issued due to a discrepancy involving an E-Waybill and an Invoice.
2.	Appeal outcome	The Joint Commissioner of the LGSTO 38 in Bengaluru, Karnataka, reviewed the Company's submission and issued an Appeal Order dated July 1, 2026 (received by the Company on July 6, 2026 at 10:30 am). According to the said Order, the penalty amount got annulled.

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The update was submitted by Rajiv L. Jha, General Counsel & Company Secretary of JSW Dulux Ltd.