Akzo Nobel India Limited — Others, 13-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Akzo Nobel India has secured a favorable outcome in a litigation case concerning a tax demand. An original demand of INR 5,58,325 (0.0558 Cr) plus interest and penalty, issued by the Central Excise and Service Tax Department related to Education Cess for 2015-2017, has been completely set aside by an appeal order. This decision annuls the prior demand, providing a total relief of INR 11.19 lakhs (0.1119 Cr) to the company, including additional interest. This resolves a significant pending litigation, positively impacting the company's financial position by removing a potential liability.