JSW Dulux Limited has announced that Mr. Hemant Sahai has ceased to be an Independent Director of the Company. This development comes into effect on August 2, 2026, upon the completion of his consecutive second term. The company has provided updated lists of directors and committee positions, effective August 3, 2026, as per regulatory requirements.
Director Resignation Following Tenure Completion
JSW Dulux Limited (formerly Akzo Nobel India Limited) has formally notified the stock exchanges regarding the cessation of Mr. Hemant Sahai (DIN: 00088238) from his position as an Independent Director. This cessation is effective from the close of business on August 2, 2026, marking the end of his consecutive second term on the Board.
Updated Board and Committee Composition
In line with the change in directorship, the company has also provided an updated list of its Directors along with their respective positions on various Board Committees. This updated list is effective from August 3, 2026, ensuring transparency and adherence to corporate governance norms following Mr. Sahai’s departure.
Details of Cessation
Mr. Sahai’s departure is specifically attributed to the cessation of his consecutive second term as an Independent Director. His tenure as a member of key committees, including the Audit Committee, Nomination and Remuneration Committee, Risk Management Committee (Chairman), and Stakeholders Relationship Committee (Chairman), also concluded on August 2, 2026.
Source: BSE