Executive Director Hirokazu Kotera resigns effective 31 March 2026

Kmp ResignedManagement Changes View source PDF Explain this filing

KANSAINER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹227.89

prior close

₹226.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%-4.0% vs market

Paints peers, median of 8sector+0.4%-3.1% vs sector

On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 3.1 pts less than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.3

10m

-1.4

15m

-1.3

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7+1.3-4.0+0.4-3.1

Next day

-4.3+0.3-4.6-1.2-3.1

-6.0-0.5-5.5-1.5-4.5

-6.5+2.1-8.6+0.1-6.7

-6.8+3.1-9.9-0.5-6.3

-9.6+2.6-12.2-1.4-8.2

-11.8+0.6-12.4-3.2-8.6

15d

-11.8-1.4-10.4-6.4-5.4

-15.3-6.9-8.3-10.5-4.8

-21.5-7.7-13.8-13.6-7.8

-13.6+7.0-20.5-5.2-8.4

UpDownMarket · Nifty Microcap 250Sector · Paints peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Hirokazu Kotera, Executive Director of Kansai Nerolac Paints, has resigned with effect from close of business on 31 March 2026. The resignation is on the directions of promoter Kansai Paint Co. Ltd., Japan, which had nominated him to the board. The board accepted the resignation and appreciated his services during his tenure.

Likely market impact

Planned exit of a promoter-nominated Executive Director. Watch for parent Kansai Paint Japan to nominate a successor.