Archive · 1 Jan 2026
Akzo Nobel India GST Penalty Revised
Akzo Nobel India, a Dutch paint company's Indian branch, is in the news because the GST authorities in Karnataka and Telangana changed the penalties they owe.
Karnataka reduced their penalty to about ₹41.56 lakh from ₹17.66 crore.
Telangana increased their penalty to ₹44.98 lakh.
The company is responding to these changes.
Meanwhile, Akzo Nobel India's shares closed at ₹3,180 on 1 January 2026, with a market value of ₹14,481.82 crore.
Their shares have had ups and downs in the past year, with a high of ₹3,957.90 and a low of ₹3,022.
Karnataka GST Department reduced Akzo Nobel India's penalty to ₹41,56,861 from ₹17,66,46,778.
Telangana GST Department increased the penalty to ₹44,98,182 from ₹40,85,606.
The company is responding to the revised penalties within the indicated timeframe.
Akzo Nobel India shares closed at ₹3,180 on 1 January 2026, up 0.08% from the previous close.
The company's market capitalization stood at ₹14,481.82 crore as of 1 January 2026.
- Who
- Akzo Nobel India
- What
- GST penalty revisions by Karnataka and Telangana authorities
- When
- Orders received on 1 January 2026
- Where
- Karnataka and Telangana, India
- Why
- Revisions in GST demand and penalty amounts
- Company
- Akzo Nobel India
- Karnataka GST Penalty
- ₹41,56,861
- Telangana GST Penalty
- ₹44,98,182
- Share Price (1 Jan 2026)
- ₹3,180
- 52-Week High
- ₹3,957.90 (17 Jan 2025)
- 52-Week Low
- ₹3,022 (3 Mar 2025)
- Market Capitalization
- ₹14,481.82 crore (1 Jan 2026)