Akzo Nobel India Limited announced the closure of its e-voting process for the Postal Ballot, which concluded at 5:00 PM IST on March 2, 2026. The ballot sought shareholder approval on crucial items, including the appointment of new directors and a proposed change in the company’s name to JSW Dulux Limited. The results, based on votes cast between February 1 and March 2, 2026, are pending the Scrutinizer’s Report.
Closure of Postal Ballot E-Voting
Akzo Nobel India Limited has completed the remote e-voting process initiated via a Postal Ballot Notice dated January 28, 2026. The e-voting period commenced on Sunday, February 1, 2026, at 9:00 A.M. IST and concluded precisely at 5:00 P.M. IST on Monday, March 2, 2026. This process allowed members to vote exclusively through electronic means on the proposed Special Businesses and Ordinary/Special Resolutions.
Key Resolutions Subject to Shareholder Approval
The ballot sought shareholder consent for several critical changes related to governance and corporate identity. The main items requiring approval were:
- Appointment of Mr. Parth Sajjan Jindal (DIN: 06404506) as a Non-Executive Non-Independent Director and the Chairman of the Board.
- Appointment of Mr. Shantanu Maharaj Khosla (DIN: 00059877) as an Independent Director.
- A change in designation for Mr. Rajiv Rajgopal (DIN: 06685599) from Chairman and Managing Director to Joint Managing Director & Chief Executive Officer.
- Approval for the proposed Change of Name of the Company to JSW Dulux Limited and the consequent alteration of the Memorandum and Articles of Association.
Next Steps and Declaration of Results
The Board of Directors appointed Mr. A K Labh, Practicing Company Secretary, as the Scrutinizer to ensure the e-voting process was conducted fairly and transparently. Shareholders who were members as of the Cut-off Date, January 23, 2026, were eligible to participate. The Scrutinizer is now mandated to submit the official Report within the stipulated 48 hours following the closure of voting. The Company confirms that the final results of this Postal Ballot will be formally announced immediately upon receipt of this Scrutinizer Report.
Source: BSE
