Akzo Nobel India renamed JSW Dulux after regulatory approval

Summary

Akzo Nobel India has officially been renamed JSW Dulux after receiving regulatory clearance, marking the final step in its transition following JSW Paints’ acquisition of a controlling stake.

NEW DELHI, March 12, 2026 — Paints and coatings maker Akzo Nobel India has received approval from the Ministry of Corporate Affairs to change its corporate name to JSW Dulux Ltd.

The MCA issued a fresh certificate of incorporation on March 11 formalising the change, completing a rebranding process that began after JSW Paints acquired a majority stake in the company in late 2025.

Leadership and structural changes

The company’s board approved the renaming at a January 28 meeting that also reshaped senior management.
Parth Sajjan Jindal was appointed non-executive chairman, while Rajiv Rajgopal assumed the role of joint managing director and chief executive officer.

The company has amended its memorandum and articles of association and will use the label “Formerly Akzo Nobel India Limited” alongside its new name for the next two years as required under law.

Ownership consolidation

JSW Paints acquired a 60.76% stake in December 2025 through agreements with Imperial Chemical Industries and Akzo Nobel Coatings International. Following an open offer, its total holding rose to about 61.2%.

The company will retain the Dulux brand, which has operated in India for decades, while aligning the business with JSW Group’s broader expansion strategy in construction and infrastructure-linked sectors.

Why this matters

• Market consolidation: Strengthens JSW’s position in India’s competitive paints sector.
• Brand continuity: Retaining Dulux helps preserve consumer recognition.
• Strategic expansion: Signals JSW’s broader ambitions in housing and infrastructure markets.

FAQs

Q1. Is the Dulux brand being discontinued?

No. The Dulux brand will continue under the new corporate identity.

Q2. Who leads the company now?

Parth Sajjan Jindal is non-executive chairman and Rajiv Rajgopal is joint MD and CEO.

Q3. When was the stake acquired?

JSW Paints acquired its majority stake on December 10, 2025.

Q4. How much does JSW Paints now own?

Its shareholding stands at roughly 61.2% following the open offer.

Q5. Will the stock ticker change?

The ticker is expected to be updated by exchanges to reflect the new corporate name.