Kansai Nerolac Paints Limited has informed the Exchange regarding Allotment of 11837 Shares.
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Kansai Nerolac Paints has allotted 11,837 equity shares of Re. 1 face value each to employees who exercised their Restricted Stock Units under the company's RSU Plan 2022. The shares were issued on 9th July 2025 at an exercise price of Re. 1 each, with no premium. Post-allotment, the total issued share capital stands at Rs. 80,85,02,516 (80.85 crore equity shares). The newly issued shares are identical in all respects to existing shares and carry no lock-in. This is a routine disclosure under SEBI's employee benefits and listing regulations.
This is a small, routine employee stock benefit allotment with negligible impact on shareholding pattern or stock price. No material change for existing shareholders.