JSWDULUX

JSW Dulux Limited has submitted the executed ESOP Trust Deed dated 26th May 2026, which constitutes an irrevocable trust to administer the JSW Dulux Limited - Employee Stock Option Scheme 2026. This scheme was approved by the Board on 23rd March 2026 and by shareholders via postal ballot on 26th April 2026, with the aim to attract, retain, and incentivize employees. The initial corpus of the trust is ₹10,000.

JSW Dulux Limited reported an inadvertent interchange of previous year FY2024-25 comparable figures for certain non-current and current liabilities in their Q4/FY26 financial results. The company's statutory auditors, Price Waterhouse Chartered Accountants LLP, confirmed that this error has no impact on their audit opinion dated 13th May 2026 for the standalone and consolidated financial results for the year ended 31 March 2026.

Management reported a strong Q4 FY26 with a record 23% blended volume growth and 6.2% revenue growth, largely protecting EBITDA margins at 14.4% year-on-year, despite strategic price corrections and elevated raw material costs. The company completed a real estate sale of INR 64.8 crores and declared a final dividend of INR 50 per share for FY25-26. Management targets double-digit volume growth for FY27, driven by market share gains across decorative and industrial segments, new product launches, and strategic initiatives. Cultural and system integrations are progressing, with retail dealer integration planned for early next year. While cautious on near-term margins due to crude and forex volatility, the company plans Capex and capacity expansion to support future growth and localization.

JSW Dulux Limited announced a group conference call held on May 14, 2026, at 09:00 hrs to discuss the financial results for the quarter and year ended March 31, 2026. The audio recording of the call is available on the company's website at https://akzonobel.co.in/investors.php#im, and the transcript will be shared subsequently.

JSW Dulux Limited informed about the amalgamation of its existing Registrar and Share Transfer Agent (RTA), CB Management Services Private Limited, with MUFG Intime India Private Limited, effective May 8, 2026. Consequently, MUFG Intime India Private Limited will now act as the company's RTA. The company provided the new contact details for the updated RTA.

JSW Dulux Limited's Nomination and Remuneration Committee, at its meeting on May 13, 2026, approved the grant of 2,57,682 Employee Stock Options (ESOPs) under the ESOP Scheme 2026 to eligible employees. Each ESOP converts into one equity share of face value Rs. 10/-. The exercise price is Rs. 2922.80 per option, determined by the previous day's closing price on NSE. The vesting period for options is 1-5 years from the grant date, with an exercise period of up to 4 years from vesting.

The Board of Directors of JSW Dulux Limited approved the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026, with an unmodified audit opinion. A final dividend of Rs. 50/- per equity share was recommended for FY 2025-26. M/s. Price Waterhouse Chartered Accountants LLP's term as Statutory Auditors concluded, and M/s. Deloitte Haskins & Sells LLP were recommended for appointment for five years. M/s. Chandra Wadhwa & Co. were appointed as Cost Auditors, and Ms. Ritika Chopra as Head HR, Senior Management Personnel. The 72nd AGM will be held on July 10, 2026.

The Board of Directors of JSW Dulux Limited, in its meeting on May 13, 2026, approved the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026, with an unmodified audit opinion. A final dividend of Rs. 50/- per equity share for FY 2025-26 was recommended. The term of Price Waterhouse Chartered Accountants LLP as Statutory Auditors concluded, and Deloitte Haskins & Sells LLP was recommended for appointment. Chandra Wadhwa & Co. was appointed as Cost Auditors, and Ms. Ritika Chopra was appointed Head HR. The 72nd AGM will be held on July 10, 2026.

The Board approved the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026, which received an unmodified opinion. A final dividend of Rs. 50/- per equity share was recommended for FY 2025-26, with the record date set for July 3, 2026, and payment by August 8, 2026. Price Waterhouse's term as statutory auditors concluded, and Deloitte Haskins & Sells LLP was recommended as the new statutory auditors for five years. Ms. Ritika Chopra was appointed as Head HR.

JSW Dulux Limited's Board met on May 13, 2026. They approved the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026, and recommended a final dividend of Rs. 50/- per equity share for FY 2025-26. The record date for the dividend is July 3, 2026. The Board also noted the completion of Price Waterhouse Chartered Accountants LLP's term and recommended Deloitte Haskins & Sells LLP as new Statutory Auditors. Additionally, a Cost Auditor and a Senior Management Personnel (Head HR) were appointed, and the 72nd AGM was scheduled for July 10, 2026.

JSW Dulux's Board approved Audited Financial Results for the quarter and financial year ended March 31, 2026, and recommended a final dividend of Rs. 50/- per equity share for FY 2025-26, with July 3, 2026, as the record date. The Board noted the completion of M/s. Price Waterhouse Chartered Accountants LLP's term and recommended M/s. Deloitte Haskins & Sells LLP as new Statutory Auditors for five years. M/s. Chandra Wadhwa & Co. was appointed as Cost Auditor for FY 2026-27. Ms. Ritika Chopra was appointed as Head HR. The 72nd Annual General Meeting will be held on July 10, 2026. Auditors issued an unmodified opinion on the results.

JSW Dulux Limited's Board met on May 13, 2026, approving Audited Standalone & Consolidated Financial Results for FY ended March 31, 2026. The Board recommended a final dividend of Rs. 50/- per share, making the total dividend for FY 2025-26 Rs. 206/- per share (previous year: Rs. 100/-). Price Waterhouse Chartered Accountants LLP's term as Statutory Auditors concluded, with Deloitte Haskins & Sells LLP recommended as their replacement. M/s. Chandra Wadhwa & Co. was appointed as Cost Auditor. Ms. Ritika Chopra was appointed Head HR. The 72nd AGM is scheduled for July 10, 2026, with July 3, 2026, as the dividend record date.

JSW Dulux Limited received a Final Assessment Order from the Income Tax Department on May 11, 2026, for AY 2023-24. The order includes additions primarily related to transfer pricing and corporate tax matters, leading to a tax demand of INR 36.46 crore, including interest, and initiation of penalty proceedings. The company intends to challenge the order and expects no material financial impact.

JSW Dulux Limited announced a group conference call/webinar to discuss its Q4 FY 2025-26 Financial Results for the quarter and financial year ended March 31, 2026. The call will be held on Thursday, May 14, 2026, at 09:00 hrs India Time, with participation from the Jt. Managing Director & CEO, Whole-time Director & CFO, and General Counsel, Company Secretary & Compliance Officer.

JSW Dulux Limited announced that all resolutions proposed in the postal ballot, including director appointments, amendment to Articles of Association, and various approvals for the Employee Stock Option Scheme 2026, have been passed by the members with requisite majority by April 26, 2026.

JSW Dulux Limited announced that all resolutions proposed in the postal ballot notice dated March 23, 2026, were passed with requisite majority by members on April 26, 2026. Resolutions included director appointments, Articles of Association amendment, and approval of the Employee Stock Option Scheme 2026 and its related provisions.

JSW Dulux Limited announced the conclusion of e-voting for its postal ballot on April 26, 2026. Resolutions included the appointment of two directors, amendment to Articles of Association, and approval of the Employee Stock Option Scheme 2026 and related matters. The results will be announced upon receipt of the Scrutinizer's report.

JSW Dulux received an order from the Karnataka GST Department on April 21, 2026, demanding ₹14.76 Crores (comprising Tax, Interest, and Penalty) for the disallowance of input tax credit for the period April 2019 to March 2020. This follows an earlier show cause notice, and the company is in the process of responding to the order.