JSW Dulux Limited announced the appointment of Mr. Bahram Navroz Vakil as an Additional Director in the category of an Independent Director for a period of three years, effective November 4, 2026. The board also approved a proposal to change the company’s registered office from Kolkata to Mumbai. Both decisions are subject to shareholder approval. The financial results for the quarter and half-year ended September 30, 2026, were also approved.
Board Appointments and Strategic Decisions
At its meeting held on November 4, 2026, the Board of Directors of JSW Dulux Limited approved key strategic and governance-related decisions. A significant development was the appointment of Mr. Bahram Navroz Vakil (DIN: 00283980) as an Additional Director on the Board. He has been appointed in the category of an Independent Director for a continuous period of three (3) years, effective from November 4, 2026, until November 3, 2029. This appointment, recommended by the Nomination and Remuneration Committee, is subject to the approval of the shareholders.
Registered Office Relocation
In another major announcement, the Board approved a proposal to shift the company’s registered office. Currently located at 801A, South City Business Park, 770, Anandapur, Eastern Metropolitan Bypass, Near Fortis Hospital, Kolkata – 700107 (West Bengal), the office will be relocated to JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 (Maharashtra). This change is also subject to shareholder and other requisite statutory and regulatory approvals.
Financial Results Approval
The Board also considered and approved the Unaudited Standalone & Consolidated Financial Results of the Company for the quarter and half-year ended September 30, 2026. Copies of these results and the Limited Review Report from the Statutory Auditor were enclosed. A Media Release on the financial results was also provided.
Shareholder Approval via Postal Ballot
Furthermore, the company will seek shareholder approval for specific items of Special Business through a Postal Ballot process, including remote e-voting only. The notice for this postal ballot, along with the Explanatory Statement, will be provided in due course.
Director’s Profile
Mr. Bahram N. Vakil brings extensive experience, having started his career in 1982. He was a Founding Partner of AZB & Partners and CZB & partners, and previously a Partner at Little & Co. and an Associate at McCutchen, Doyle, Brown & Enersen. He also served on the boards of several well-known companies, including BASF India Limited, Tata Investment Corporation Limited, and Trent Limited. He holds a Law Graduate degree from Bombay University and an LLM from Columbia University, New York. He has affirmed that he has no inter-se relationships with other board members and is not disqualified from holding the office of a Director.
Source: BSE
