106th AGM: all 4 resolutions approved, Rs 2.50 dividend declared

Board & Shareholder Meetings View source PDF

KANSAINER · price

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AI summary

Kansai Nerolac's 106th AGM was held on 9 July 2026 via video conferencing. All 4 resolutions were approved with requisite majority: adoption of FY26 audited financial statements (99.9998 percent in favour), declaration of dividend of Rs 2.50 (250 percent) per equity share of Re 1 face value (99.9998 percent in favour), re-appointment of Mr Takashi Tomioka as Non-Executive Director who retires by rotation (99.79 percent in favour), and ratification of Cost Auditor D.C. Dave and Co's remuneration for FY27 (99.9998 percent in favour).

Likely market impact

Routine AGM business. Confirms Rs 2.50 per share dividend and key director re-appointment. No material impact expected on stock price.