The Ministry of Corporate Affairs (MCA) has officially approved the name change of Akzo Nobel India Limited to JSW Dulux Limited, effective March 11, 2026. The company has received a fresh Certificate of Incorporation pursuant to the change of name, marking a significant milestone in its corporate transformation.

Official Name Change Approval

The MCA issued the fresh Certificate of Incorporation on March 11, 2026, formally approving the transition from "Akzo Nobel India Limited" to "JSW Dulux Limited." This follows the company's earlier disclosures dated January 28, 2026, and March 3, 2026, regarding the proposed name change.

Corporate Documentation Updates

Following the official approval, the company's Memorandum of Association and Articles of Association have been consequently amended and altered to reflect the new name "JSW Dulux Limited" wherever applicable. The company is currently in the process of filing necessary documents with stock exchanges to update their records and websites accordingly.

Regulatory Compliance and Stock Exchange Updates

The company has informed both BSE Limited and National Stock Exchange of India Limited about the name change under Regulation 30 and 45 of the SEBI Listing Regulations. The stock exchanges will update their records to reflect the new corporate identity.

Previous Tax Assessment Matter

Prior to this name change, the company had received a tax assessment order from the Income Tax Department proposing additions of Rs 112.00 crores to its taxable income. The financial impact of this assessment remained undetermined as the matter was under review by the company through appropriate legal and tax advisory channels.

Corporate Identity Transition

As per regulatory requirements, the company must display its old name "Akzo Nobel India Limited" along with the new name "JSW Dulux Limited" for a period of two years at all places where the company is required to display its name under Section 12 of the Companies Act. This ensures continuity and transparency during the transition period for all stakeholders.

Akzo Nobel India Limited announced the successful completion of its postal ballot process on March 3, 2026, with all four proposed resolutions receiving overwhelming shareholder approval. The company filed the voting results with BSE and NSE under Regulation 30 and Regulation 44(3) of SEBI LODR, demonstrating strong corporate governance compliance.

Comprehensive Voting Participation

The postal ballot process witnessed significant shareholder engagement, with 447 shareholders participating in the e-voting process. The voting statistics reveal substantial institutional and retail investor participation across all resolution categories.

Resolution-wise Voting Outcomes

All four resolutions achieved remarkable approval rates, demonstrating strong shareholder confidence in the proposed corporate restructuring initiatives.

Resolution 1: Chairman Appointment (Ordinary Resolution)

The appointment of Mr. Parth Sajjan Jindal as Non-Executive Non-Independent Director and Chairman secured 98.65% approval with 3,79,88,881 votes in favor against 5,21,720 opposing votes.

Resolution 2: Independent Director Appointment (Special Resolution)

Mr. Shantanu Maharaj Khosla's appointment as Independent Director received exceptional support with 99.99% approval, garnering 3,85,08,048 favorable votes against only 2,498 opposing votes.

Resolution 3: Designation Change (Special Resolution)

The change in Mr. Rajiv Rajgopal's designation from Chairman and Managing Director to Joint Managing Director & CEO was approved with 99.99% votes in favor (3,85,08,049 votes) against 2,451 opposing votes.

Resolution 4: Company Name Change (Special Resolution)

The proposal to change the company name to JSW Dulux Limited achieved 99.995% approval with 3,85,07,199 votes in favor and only 1,824 votes against.

Scrutinizer's Report and Compliance

Mr. A K Labh (FCS4848, C.P. No. 3238) from M/s A K Labh & Company, Company Secretaries, Kolkata, served as the appointed scrutinizer and submitted his comprehensive report on March 3, 2026. The e-voting process was conducted through National Securities Depository Limited (NSDL) platform, ensuring transparent and secure voting procedures.

Corporate Transformation Framework

The successful passage of these resolutions establishes the foundation for significant organizational transformation under new leadership structure.

The company confirmed that detailed voting results and the scrutinizer's report are available on its website ( www.akzonobel.co.in ) and NSDL's e-voting portal ( www.evoting.nsdl.com ). The successful completion demonstrates strong shareholder confidence in the proposed strategic direction and leadership restructuring initiatives.