Kansai Nerolac fixes June 29 record date for FY26 dividend

1 min read     Updated on 10 Jun 2026, 03:07 AM
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Jubin VScanX News Team
AI Summary

Kansai Nerolac Paints Limited announced June 29, 2026, as the record date for a ₹2.50 per share dividend recommended for FY26. The 106th AGM is scheduled for July 9, 2026, via video conferencing, with payment starting July 14, 2026.

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Kansai Nerolac Paints Limited has fixed June 29, 2026, as the record date to determine shareholder eligibility for its recommended dividend of ₹2.50 per equity share. The Board of Directors has recommended a payout of 250% for the financial year ended March 31, 2026, which is lower than the previous year's total dividend of 375% that included a special component. The dividend, if approved, will be paid on or after July 14, 2026.

The company has scheduled its 106th Annual General Meeting for July 9, 2026, at 11 a.m. IST via video conferencing. The proceedings will be deemed to be conducted at the registered office in Mumbai. Shareholders can participate through remote e-voting or the e-voting system available during the meeting, facilitated by National Securities Depository Limited.

Members holding shares in physical form or with unregistered email addresses must register their details to obtain a User ID and Password for e-voting. Those with electronic shares can register via a specific link, while physical shareholders must submit PAN and Aadhaar details to NSDL via email.

The company will remit dividends electronically through the National Automated Clearing House, subject to tax deduction at source. Shareholders holding physical securities must ensure their KYC details, including PAN and bank account information, are updated with Link Intime India Private Limited to avoid withholding of payments.

Key AGM and Dividend Details

Event Date
106th Annual General Meeting July 9, 2026
Record Date June 29, 2026
Dividend Payment Start Date July 14, 2026
Recommended Dividend ₹2.50 per share (250%)
Previous Year Dividend ₹3.75 per share (375%)

Historical Stock Returns for Kansai Nerolac Paints

1 Day5 Days1 Month6 Months1 Year5 Years
+0.21%+1.33%-0.39%-3.03%-13.68%-44.28%

What factors contributed to the reduction in the dividend payout ratio compared to the previous year?

How might the lower dividend impact investor sentiment and stock liquidity ahead of the record date?

Will the company outline any capital allocation strategies or growth initiatives during the AGM to offset the reduced payout?

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Kansai Nerolac notifies shareholders on IEPF campaign

1 min read     Updated on 20 May 2026, 06:09 PM
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AI Summary

Kansai Nerolac Paints Limited announced the 'Saksham Niveshak – Second 100 Days Campaign' by IEPFA to help shareholders claim unclaimed dividends from April 1 to July 9, 2026. The company instructed shareholders to update KYC details for both demat and physical holdings to avoid transfer of funds to IEPF. Specific forms and contact details for the RTA, MUFG Intime India Private Limited, were provided for shareholder assistance.

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Kansai Nerolac Paints Limited has notified its shareholders regarding the 'Saksham Niveshak – Second 100 Days Campaign', a national drive initiated by the Investor Education and Protection Fund Authority (IEPFA). The campaign is scheduled to run from April 1, 2026, to July 9, 2026, with the primary objective of encouraging shareholders to claim their unclaimed dividends. The company emphasized that updating requisite KYC details is essential to prevent the transfer of shares and dividends to the IEPF.

The company has advised shareholders to update their details, such as PAN, bank account information, contact details, choice of nomination, and specimen signature. Specific procedures have been outlined based on the type of shareholding. For shares held in dematerialized form, shareholders must update KYC details with their Depository Participant, particularly bank account number, name, branch, IFSC code, and MICR, along with the choice of nomination. Additionally, a self-attested copy of the Client Master List (CML) must be submitted to the Registrar and Share Transfer Agent (RTA) or uploaded via the RTA's website service request portal.

Shareholders holding shares in physical form are required to submit specific documents to the RTA. This includes the Investor Service Request Forms (ISR-1, ISR-2, ISR-3) or Form SH-13 for nomination, duly filled with supporting documents. An original cancelled cheque stating the account holder's name and other supporting documents must also be provided. The necessary forms are available for download on the RTA's website.

Contact Information

For queries and assistance, shareholders can contact MUFG Intime India Private Limited, the company's RTA. The contact details include the address at C 101, Embassy 247, L.E.S. Marg, Vikroli (West), Mumbai - 400083, and a helpline number. Shareholders can also raise service requests online or contact the company via email at investor@nerolac.com .

The initiative aligns with the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation and related newspaper cuttings regarding the notice published in Business Standard and Sakal on May 20, 2026, are available on the company's website.

Historical Stock Returns for Kansai Nerolac Paints

1 Day5 Days1 Month6 Months1 Year5 Years
+0.21%+1.33%-0.39%-3.03%-13.68%-44.28%

How much total unclaimed dividend and share value does Kansai Nerolac Paints currently have transferred or at risk of transfer to the IEPF, and how does this compare to industry peers?

What percentage of Kansai Nerolac's shareholders are estimated to have outdated KYC details, and could a large-scale reclamation drive materially impact the company's dividend liability?

If the Saksham Niveshak campaign successfully recovers significant unclaimed dividends, how might IEPFA use these outcomes to strengthen future regulatory requirements around shareholder KYC compliance for listed companies?

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1 Year Returns:-13.68%