JSW Dulux Limited (formerly Akzo Nobel India Limited) has scheduled a Board of Directors meeting for Monday, March 23, 2026. The primary agenda is to consider and approve the introduction and adoption of the new JSW Dulux Limited Employee Stock Option Scheme 2026. This approval is contingent upon recommendations from the Nomination and Remuneration Committee and subsequent ratification by the company’s shareholders.
Intimation of Board Meeting
JSW Dulux Limited has formally notified the stock exchanges regarding an upcoming meeting of its Board of Directors. The meeting is set to take place on Monday, March 23, 2026.
Key Agenda Item: ESOP Scheme 2026
The principal matter slated for deliberation and approval by the Board is the formal introduction and adoption of the JSW Dulux Limited Employee Stock Option Scheme 2026. This introduction is required to be in compliance with applicable regulations concerning Share Based Employee Benefits.
Approvals Required
The implementation of the new Employee Stock Option Scheme is subject to several layers of necessary approvals. Initially, it requires the positive recommendation of the Nomination and Remuneration Committee. Following Board approval, the scheme must subsequently receive the final sanction of the shareholders of the Company before it can be fully enacted.
Source: BSE