Akzo Nobel India Limited has informed stock exchanges about receiving a GST order from Gujarat authorities on January 9, 2026, related to ongoing litigation proceedings. The development follows a show cause notice issued by the Gujarat GST Department in October 2025.

GST Order Details

The Gujarat GST Department's order, dated December 31, 2025, was received by the company on January 9, 2026. The order addresses the disallowance of Input Service Distributor (ISD) input tax credit under Section 73 of the CGST/SGST Act, 2017 for the period from April 2021 to March 2022.

Timeline of Events

The litigation process began with a show cause notice received on October 3, 2025, containing an initial demand of ₹7.84 lakh comprising tax, interest, and penalty components. The company responded with supporting documents within the prescribed time limit.

Company's Response

Akzo Nobel India has stated that the order remains open for further submissions to relevant authorities. The company is currently reviewing the order to formulate its response within the timeframe specified in the GST department's communication.

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, providing an update on the pending litigation that was initially disclosed on October 4, 2025.

Regulatory Compliance

The disclosure follows SEBI circular SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, which mandates regular updates on pending litigation until conclusion or dispute resolution. The company has informed both BSE Limited and National Stock Exchange of India about this development through its General Counsel, Company Secretary & Compliance Officer, Rajiv L. Jha.

Akzo Nobel India Limited has received a GST order from the Bihar GST Department with an aggregate demand of ₹8.29 lakh, following earlier show cause notice proceedings. The company disclosed this development to stock exchanges on January 9, 2026, as part of its regulatory compliance obligations.

GST Order Details

The Joint Commissioner of State Tax, Patna Special Circle, Bihar GST Department issued the order dated December 26, 2025, which the company received on January 9, 2026. The order pertains to disallowed Input Service Distributor (ISD) input tax credit for the period from April 2021 to March 2022.

Background and Timeline

The proceedings began when the company received a show cause notice from the Bihar GST Department on September 24, 2025. The notice disallowed ISD input tax credit under Section 73 of the CGST/SGST Act, 2017, with an initial aggregate demand of ₹8.22 lakh.

Akzo Nobel India had submitted its response along with supporting documents within the stipulated time limit following the show cause notice. However, after reviewing the company's reply, the department proceeded to issue the formal order with a slightly increased demand amount.

Current Status and Next Steps

The company has indicated that the order remains open for further submissions to relevant authorities. Akzo Nobel India is currently reviewing the order to prepare an appropriate response within the timeframe specified in the order.

The litigation was initially disclosed to exchanges on September 25, 2025, and this update has been provided in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The disclosure follows SEBI circular SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, which requires regular updates on pending litigation until conclusion or dispute resolution. The company has committed to providing further updates as the matter progresses through the regulatory process.