Akzo Nobel India Limited — Others, 28-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Akzo Nobel India has announced a board meeting on the financial results for the quarter and half-year. The company updated on a pending GST litigation from 2018-19 where a demand of ₹6.93 lakh was raised for disallowed Input Tax Credit, including tax, interest, and penalty. Akzo Nobel appealed and subsequently paid the tax amount under the GST Amnesty scheme, leading to a waiver of interest and penalty. This resolved the dispute with the West Bengal GST Department and annulled the original demand, removing any associated financial burden.