Kansai Nerolac Paints Limited has informed the Exchange that Record date for the purpose of Dividend is 29-Jun-2026.
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Kansai Nerolac Paints announced a dividend of Rs. 2.50 per share (250%) for FY 2025-26, payable on or after 14th July 2026. The record date is 29th June 2026. The total dividend decreased from Rs. 3.75 per share (375%) in FY 2024-25 to Rs. 2.50 per share this year. The previous year's higher dividend included a special one-time dividend of Rs. 1.25 per share; the base dividend of Rs. 2.50 per share remained unchanged. The 106th AGM is scheduled for 9th July 2026.
The absence of the special dividend component means a 33% reduction in total dividend payout compared to the previous year, which may be viewed negatively by income-focused investors. The base dividend staying flat indicates stable but not growing returns for shareholders.