Akzo Nobel India Limited — Others, 18-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Akzo Nobel India Limited has announced a board meeting to discuss recent litigation developments related to a Demand Order from the West Bengal GST Department. The company received a ruling, dated March 17, 2025, confirming a demand of ₹6.92 lakh for the 2018-2019 financial year concerning the disallowance of Input Tax Credit. This outcome necessitates further action as the company plans to respond to the authorities within the specified timeframe. Investors should monitor this situation closely, as it poses potential risks to financial health but may also lead to opportunities if resolved favorably.