Akzo Nobel India Limited — Others, 01-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Akzo Nobel India has received an update on an ongoing GST litigation. Previously, the company faced a show cause notice for ₹35.61 Cr. While an initial order had reduced the demand to ₹0.22 Cr, the GST Department appealed, contesting ₹2.9 Cr of the relief granted. The Commissioner of Appeals has now upheld the Department's appeal, including applicable interest and penalty. The company is currently reviewing this Order-in-Appeal and is in the process of responding to the authorities within the specified timeframe.