Kansai Nerolac Paints Limited has informed the Exchange the book closure for the purpose of AGM and dividend.
KANSAINER · price
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Kansai Nerolac Paints has announced that its 105th Annual General Meeting will be held on Monday, 30th June 2025. The register of members and share transfer books will remain closed from 24th June to 30th June 2025 for the purpose of the AGM and dividend. The Board has recommended a dividend of 375% (Rs. 3.75 per share), which includes a special dividend of 125% (Rs. 1.25 per share), for the financial year ended 31st March 2025. This dividend is unchanged from the previous financial year. The record date is 23rd June 2025, and dividend payment will be made on or after 5th July 2025.
Shareholders as on the record date of 23rd June 2025 will be eligible for the Rs. 3.75 per share dividend. The flat dividend compared to last year, combined with a special dividend component, signals a stable but not growing payout, which is mildly positive for income-focused investors but unlikely to drive a sharp stock reaction.