Akzo Nobel India Limited — Important, 28-01-2026: Disclosure of material issue

Akzo Nobel India's board has approved a proposal to change the company's name to **JSW Dulux Limited** and a significant leadership restructuring. This move, pending shareholder and regulatory approvals, signals a major strategic shift.

**Issue:** The company is undergoing a fundamental transformation in identity and leadership, aligning closely with the JSW Group.

**Impact:** This could mean a strong strategic pivot, bringing JSW's vision to the paint business. Investors should watch for potential impacts on brand perception, market strategy, and synergies with the broader JSW group. The appointment of Parth Sajjan Jindal as Non-Executive Non-Independent Director and Chairman, alongside Rajiv Rajgopal's shift to Joint MD & CEO, signifies a new era of governance and direction.

**Company’s Response:** The board has approved these changes and will seek shareholder consent via postal ballot, along with other necessary government approvals.