KANSAINERBSEKansai Nerolac Paints LtdHighPositive
Announced Wed, 6 May · 17:47 IST

Disclosure with respect to date of payment of dividend for the financial year 31st March, 2026 is enclosed herewith.

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
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+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 a dividend of Rs. 2.50 per share (250%) for FY 2025-26. The record date is 29th June 2026, with payment to be made on or after 14th July 2026. The AGM will be held on 9th July 2026. Compared to the previous year, when a total dividend of Rs. 3.75 per share (375%) was paid including a special dividend of Rs. 1.25, the current dividend is lower by Rs. 1.25 per share. The reduction is because the previous year's special one-time dividend component is not being repeated.

Likely market impact

The dividend has been cut by 33% compared to the previous year due to the absence of a special dividend. This may signal lower-than-expected retained earnings or a shift in payout policy, which could concern income-focused investors.