Akzo Nobel India is now JSW Dulux after regulatory approval; shares rise nearly 2%

The stock rose as much as 1.75% to ₹2,931.5 apiece on the National Stock Exchange (NSE). At 2:03 pm, it was up 0.90% to ₹2,906.6 per unit.

The scrip has risen 2.51% in the past week. However, it has declined 3.12% in a month and 8.77% on a year-to-date basis,. The stock had hit a 52-week high of ₹3,915.50 on July 24, 2025, while a year's low of 2,658.70 was recorded on February 1, 2026.

In an exchange filing on March 11, the MCA approved the name change and issued a fresh Certificate of Incorporation with the new name JSW Dulux.

"We wish to inform you that MCA has issued a fresh Certificate of Incorporation pursuant to change of name (dated 11th March 2026) thereby approving the change of name of the company from 'Akzo Nobel India Ltd' to 'JSW Dulux Ltd' effective 11th March 2026," it said.

Following this, the Memorandum of Association and Articles of Association of the company stand, consequently, amended and altered to reflect the new name of the company as "JSW Dulux Ltd", it added.

In December last year, JSW Paints had acquired a 60.76% shareholding in Akzo Nobel pursuant to the share purchase agreement (SPA) between JSW Paints, Imperial Chemicals Industries Limited and Akzo Nobel Coatings International BV.

Post this, JSW Paints became the promoter and holding company of Akzo Nobel.

The name change proposal was approved by Akzo Nobel India's Board on January 28.

In the December quarter of the current financial year, the company had reported a 31.58% decline in its consolidated profit after tax to ₹74.3 crore as against ₹108.6 crore a year back.

Its revenue from operations fell 13.59% to ₹907.7 crore in Q3 FY26 compared to ₹1,050.5 crore in the same quarter of the previous fiscal year.