Akzo Nobel India Limited — Others, 07-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Akzo Nobel India has provided an update on a pending GST litigation. The company initially faced a demand of approximately 6.17 Cr from the Tamil Nadu GST Department regarding disallowance of input tax credit for 2017-2020. Following the company's response, an appeal order has now significantly revised this demand downwards to approximately 2.59 Cr. The company is currently reviewing this appeal order and is in the process of responding to the authorities within the specified timelines. This ongoing legal matter concerns operational tax liabilities, and its final resolution could affect the company's financial position.