Recommendation of Dividend by the Board of Directors of Kansai Nerolac Paints Limited for the financial year ended 31st March, 2026 is enclosed.
KANSAINER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 4.7 pts more than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kansai Nerolac Paints Board has recommended a dividend of Rs. 2.50 per share (250%) for FY 2025-26. The company maintained its base dividend at Rs. 2.50 per share, same as the previous year's regular dividend of 250%. Last year's higher total of Rs. 3.75 per share (375%) included a one-time special dividend of Rs. 1.25. The record date for entitlement is June 29, 2026, and payment will be made on or after July 14, 2026. The 106th AGM is scheduled for July 9, 2026.
The dividend remains flat year-over-year excluding last year's special component, signalling stable cash returns. This is not a dividend cut as the base dividend is maintained. Investors expecting the higher special dividend from last year may be mildly disappointed.