Kansai Nerolac Paints Ltd has scheduled a hearing before the National Company Law Tribunal (NCLT), Mumbai Bench, on July 29, 2026, to consider the Scheme of Amalgamation of Nerofix Private Limited with the company. The notice regarding this hearing was published in the Free Press Journal (English) and Navshakti (Marathi) on June 24, 2026. This development is part of the regulatory process required to finalize the merger, which will impact the company's corporate structure and operations.

The intimation was submitted to the stock exchanges in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the newspaper cuttings and the intimation regarding the notice will be available on its official website for shareholder reference. The scrip codes for the company are BSE - 500165 and NSE - KANSAINER.

Key Details of the Hearing

The filing was signed by G. T. Govindarajan, Company Secretary of Kansai Nerolac Paints Limited. The amalgamation scheme, once approved by the NCLT, will result in the merger of Nerofix Private Limited into Kansai Nerolac Paints Ltd. Shareholders and stakeholders are advised to refer to the official website for further updates and access to the published notices.

Kansai Nerolac Paints Limited has fixed July 2, 2026, as the cut-off date to determine shareholder eligibility for its 106th Annual General Meeting scheduled for July 9, 2026. The meeting will be held via video conferencing at 11 a.m. IST, without the physical presence of shareholders at a common venue, in compliance with Ministry of Corporate Affairs circulars and SEBI Listing Regulations.

The company has recommended a dividend of ₹2.50 per equity share, or 250%, for the financial year ended March 31, 2026. This payout is lower than the previous year's total dividend of 375%, which included a special component. The record date to determine eligibility for this dividend is June 29, 2026, and payment will be made on or after July 14, 2026.

Shareholders' voting rights will be proportionate to their shareholding as on the cut-off date of July 2, 2026. Remote e-voting will begin on July 8, 2026, at 9 a.m. and end on the same day at 5 p.m. The company has engaged National Securities Depository Limited to facilitate the e-voting process. Shareholders who have already cast their votes via remote e-voting but attend the AGM will be counted for quorum but will not be entitled to vote again.

The Annual Report for FY 2025-26 was dispatched via email on June 11, 2026, to shareholders with registered email addresses. Physical communications containing the web link to the report are being sent to those with unregistered email addresses. The report is also available on the company's website and the websites of BSE Limited and National Stock Exchange of India Limited.

Key Meeting and Dividend Details