KANSAINERBSEKansai Nerolac Paints LtdHighPositive
Announced Wed, 6 May · 17:52 IST

Disclosure for record date for the purpose of dividend is enclosed.

Dividend CutCorporate Actions View source PDF

KANSAINER · price

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Price reaction · full curve 14 horizons · vs prior close
+8.8%1-day move
₹202.24
prior close
₹215.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.1+1.8-1.0-0.7+8.8+8.3+6.4+8.8+9.3+6.6+8.8+3.3+3.0
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AI summary

Kansai Nerolac Paints has announced its 106th AGM on 9th July 2026 and set 29th June 2026 as the record date for determining eligible shareholders for the dividend. The Board recommended a dividend of 250% (Rs. 2.50 per share) for FY 2025-26. This represents a reduction from the previous year's dividend of 375% (Rs. 3.75 per share), which included a special dividend of 125% (Rs. 1.25 per share). The dividend, when declared at the AGM, will be payable on or after 14th July 2026.

Likely market impact

The dividend per share has been cut by 33% year-over-year due to the absence of a special dividend this year. Shareholders should note the base dividend remained at Rs. 2.50 per share, with only the special component being removed.