JSW Dulux Ltd

JSW Dulux Limited, formerly Akzo Nobel India Limited, has received a certificate dated October 9, 2026, from MUFG Intime India Private Limited, formerly Link Intime India Private Limited, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026.

JSW Dulux Limited, formerly Akzo Nobel India Limited, announced that the trading window for dealing in securities of the company will be closed for designated persons, their immediate relatives, and connected persons from Thursday, October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter ended September 30, 2026.

JSW Dulux Limited, formerly Akzo Nobel India Limited, has set October 22, 2026, as the record date for a stock split, approved by shareholders on September 20, 2026, which will divide each existing Re. 10 equity share into 10 shares of Re. 1 each.

JSW Dulux Ltd announced that ICRA Limited has assigned an ICRA AA- (Stable) rating, pronounced as ICRA double A minus rating with stable outlook, to its Overdraft/WCDL facility of Rs 250.00 crore, alongside assigning a [ICRA]AA- (Stable) rating on the Long-Term Scale to its Financial Sector Regulator - Fund-based - Cash credit facility, also amounting to Rs 250.00 crore, and another [ICRA]AA- (Stable) rating to its Overdraft/WCDL facility of Rs 250.00 crore; no enhancements, assignments, or withdrawals were noted by any other rating agencies.

JSW Dulux Ltd share price ticked higher by 1.42% to Rs 3056.5 after the company's net profit plunged by 36.60% to Rs 79.7 crore, while revenue from operations improved marginally 9.25% to Rs 965.0 crore in Q2FY26 over Q1FY26. The market capitalization of Paints industry group stocks on BSE stood at Rs 3.49 lakh crore, jumping 16.70%. It has marginally improved by 0.93% over last one week and crept higher by 5.13% in last one month while the market capitalization of JSW Dulux Ltd has inched up 2.43% and 2.64% in the same period respectively. Profit before tax (PBT) of JSW Dulux Ltd stood at Rs 117.7 crore in Q2 FY26, slipping 3.92% year-on-year, and crashing by 30.64% quarter-on-quarter. EBITDA came in at Rs 90 crore, tanking 28.69% YoY and rallying 49.42% sequentially. Total expenses went up by 12.09% to Rs 870.3 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 635.8 crore, surging by 34.93% YoY, while employee benefits expense was at Rs 82.6 crore, expanding by 10.13% YoY. For the TTM ended FY26, revenue from operations declined by 11.55% to Rs 3599.2 crore, while net profit soared by 359.56% to Rs 1973.8 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 59880% to Rs 410.0 crore, and PBT jumped 315.07% to Rs 2365.5 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 93.2 crore in FY26, as against Rs 311.0 crore in FY25. JSW Dulux Ltd nosedived by 11.51% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.56% during the same period.

JSW Dulux Limited, formerly Akzo Nobel India Limited, announced on Tuesday, August 11, 2026, that its board approved a sub-division/split of its existing equity shares, converting one share with a face value of Rs 10 into 10 shares with a face value of Rs 1 each. The company also approved alterations to its Memorandum and Articles of Association to reflect the share split, which will increase the number of equity shares from 4,55,40,314 to 45,54,03,140. The move aims to enhance affordability and accessibility for retail investors, subject to shareholder approval via postal ballot and any required regulatory approvals.

JSW Dulux Limited, formerly Akzo Nobel India Limited, will consider the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, at a board meeting scheduled for August 11, 2026, and will also consider a proposal to alter the company’s share capital by way of sub-division or split of existing equity shares with a face value of Rs 10 each. The trading window for dealing in securities of the company remains closed for designated persons and their immediate relatives until 48 hours after the declaration of the financial results.

JSW Dulux Limited, formerly Akzo Nobel India Limited, announced that Hemant Sahai has ceased to be an Independent Director upon completion of his second consecutive term on August 2, 2026. Sahai also resigned from his positions on the Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, and Stakeholders Relationship Committee of the company, effective the same date. The updated list of directors and committee positions is detailed in an annexure filed with the BSE Limited and National Stock Exchange of India Ltd.

JSW Dulux Limited, formerly Akzo Nobel India Limited, announced that Hemant Sahai has ceased to be an Independent Director upon completion of his second consecutive term on August 2, 2026. Sahai also resigned from his positions on the Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, and Stakeholders Relationship Committee of the company, effective the same date. The updated list of directors and committee positions is detailed in an annexure filed with the BSE Limited and National Stock Exchange of India Ltd.

JSW Dulux Limited, formerly Akzo Nobel India Limited, will hold a meeting of its Board of Directors on Tuesday, August 11, 2026, to consider and approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, the company said in a filing.