Akzo Nobel India renamed JSW Dulux Limited: What it means for shareholders

Akzo Nobel India Limited has informed stock exchanges that the Ministry of Corporate Affairs has approved the change in the company’s name to JSW Dulux Limited, effective March 11, 2026.

In a regulatory filing, the paints and coatings maker said it has received a fresh Certificate of Incorporation from the ministry pursuant to the name change. The approval formally completes the company’s transition to the new corporate identity.

The company had earlier disclosed the proposal to change its name in regulatory filings dated January 28, 2026, and March 3, 2026.

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Old name to remain for two years

The company said that in line with Section 12 of the Companies Act, it will continue to display its previous name along with the new name for a period of two years.

This means the old name “Akzo Nobel India Limited” will appear alongside “JSW Dulux Limited” wherever the company is required to display its name.

Corporate documents amended

Following the approval, the company said its Memorandum of Association and Articles of Association have been amended to reflect the new name JSW Dulux Limited wherever applicable.

The company is also in the process of filing necessary documents with stock exchanges to update their records and websites in line with the name change.

The development has been informed to BSE Limited and National Stock Exchange of India under Regulations 30 and 45 of the SEBI Listing Regulations.

Q3 results: profit declines

The paints maker reported a 31.58 per cent drop in consolidated net profit to Rs 74.3 crore in the December quarter of FY26, compared with Rs 108.6 crore in the corresponding quarter a year ago.

The company reported exceptional items resulting in a net loss of Rs 28.3 crore during the quarter. This included a statutory impact of Rs 27.9 crore due to implementation of new labour codes, along with retention bonus and recognition towards impairment provision.

Profit before exceptional items and tax stood at Rs 129.6 crore, compared with Rs 146.2 crore in the same period last year.

Revenue from operations declined 13.6 per cent year-on-year to Rs 907.7 crore from Rs 1,050.5 crore. Total expenses also fell 13 per cent to Rs 792.8 crore during the quarter.

Total income, including other income, came in at Rs 922.4 crore, down 12.7 per cent from a year earlier.

Share price movement

Shares of Akzo Nobel India Limited were trading at Rs 2,910.20, up Rs 29.40, or 1.02 per cent, at around 2:40 PM.

The stock opened at Rs 2,835, touched a high of Rs 2,931.50, and a low of Rs 2,821.80 during the session. The company’s market capitalisation stood at about Rs 13.25K crore.

The stock has a 52-week high of Rs 3,915.50 and a 52-week low of Rs 2,658.70.