Executive Director Mr. Hirokazu Kotera resigns effective March 31, 2026

Kmp ResignedManagement Changes View source PDF Explain this filing

KANSAINER · price

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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

The Board of Kansai Nerolac Paints has accepted the resignation of Mr. Hirokazu Kotera as Executive Director, effective close of business on March 31, 2026. The resignation is on the directions of promoter company Kansai Paint Co. Ltd., Japan, which had nominated him to the Board. The Board appreciated his services during his tenure. No other details or reasons beyond the promoter nomination were disclosed.

Likely market impact

KMP-level exit driven by Japanese parent Kansai Paint; investors should watch for the successor nomination from the promoter.