Kansai Nerolac Paints Limited has informed the Exchange about the date of AGM and date of payment of Dividend.
KANSAINER · price
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Kansai Nerolac Paints Limited has announced its 106th AGM will be held on 9th July 2026. The Board has recommended a dividend of 250% (Rs. 2.50 per share) for FY 2025-26. This is lower than last year's dividend of 375% (Rs. 3.75 per share), which included a special dividend of 125% (Rs. 1.25 per share). The record date for dividend eligibility is 29th June 2026, and payment will be made on or after 14th July 2026.
The dividend per share has been reduced by 33% compared to the previous year (which included a special component). This decrease in dividend payout may signal lower profitability expectations or retained earnings strategy, which could be viewed negatively by income-focused investors.