JSW Dulux Limited (formerly Akzo Nobel India Limited) has informed the stock exchanges of a change in its Registrar and Transfer Agent (RTA), following the amalgamation of its existing RTA, CB Management Services Private Limited, with MUFG Intime India Private Limited. The communication was made on 14 May 2026.

RTA Change Following Amalgamation

The Company received a communication from CB Management Services Private Limited stating that it has amalgamated itself with MUFG Intime India Private Limited with effect from 8 May 2026. The amalgamation was carried out pursuant to an Order passed by the Regional Director (WR), Ministry of Corporate Affairs, Mumbai.

Consequent upon this amalgamation, MUFG Intime India Private Limited will act as the Registrar and Share Transfer Agent of the Company in place of CB Management Services Private Limited. As informed by the RTA, all contact details remain the same except the email ID and website address.

Updated Contact Details of the New RTA

The complete updated contact details of the Registrar and Transfer Agent are as follows:

The intimation was signed by Rajiv L. Jha, General Counsel & Company Secretary, on behalf of JSW Dulux Limited.

JSW Dulux Limited has disclosed that it received a Final Assessment Order from the Income Tax Department on May 11, 2026. The order pertains to Assessment Year 2023-24 and was issued under Section 143(3) read with Section 144C(3) and Section 144B of the Income Tax Act, 1961. The disclosure was made to the stock exchanges on May 12, 2026, by Rajiv L. Jha, General Counsel and Company Secretary.

Details of the Assessment Order

The Final Assessment Order involves additions aggregating to ₹111.63 crore, covering a range of transfer pricing and corporate tax matters. The key areas of dispute include AMP (Advertising, Marketing, and Promotion) expenses, R&D expenses, contract R&D expenses, transfer pricing adjustments, and certain other corporate tax matters. Additionally, the order mentions the initiation of separate penalty proceedings under Section 270A of the Income Tax Act, 1961.

The following table summarises the key details of the litigation as disclosed by the company:

Tax Demand Breakdown

The tax demand arising from the Final Assessment Order amounts to INR 36.46 crore (including interest). The detailed quantum of claims is presented below:

Management's Position

JSW Dulux Limited has stated that, based on internal assessment and advice from tax consultants, the company believes it has strong merits in the matter. The company intends to challenge the Final Assessment Order before the appropriate Appellate Authorities and also contest the penalty proceedings under Section 270A of the Income Tax Act. Management expects no material financial impact from this litigation. The disclosure was made in accordance with SEBI's circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/120 dated July 13, 2023, under the category of pending litigation or dispute that may have an impact on the listed entity.