Kansai Nerolac Paints Allots 3,771 Equity Shares Under RSU Plan 2022
Kansai Nerolac Paints Limited allotted 3,771 equity shares of Re. 1 each under its RSU Plan 2022 on 29th January, 2026. The allotment increased the company's total issued share capital to Rs. 80,85,24,735, comprising 80,85,24,735 equity shares. The shares are identical to existing shares with ISIN INE531A01024 and carry no lock-in restrictions.
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Kansai Nerolac Paints Limited has completed the allotment of 3,771 equity shares under its Restricted Stock Units Plan 2022, as disclosed to stock exchanges on 29th January, 2026. The allotment represents the exercise of stock units granted to employees under the company's employee benefit scheme.
Share Allotment Details
The Board of Directors approved the allotment of equity shares with specific parameters outlined in the regulatory disclosure:
| Parameter: | Details |
|---|---|
| Number of Shares: | 3,771 equity shares |
| Face Value: | Re. 1 each, fully paid-up |
| Issue Date: | 29th January, 2026 |
| Exercise Price: | Re. 1 each |
| Distinctive Numbers: | 80,85,20,965 to 80,85,24,735 |
| ISIN Number: | INE531A01024 |
Updated Share Capital Structure
Following the allotment, Kansai Nerolac Paints Limited's share capital structure has been updated:
| Metric: | Post-Allotment |
|---|---|
| Total Issued Shares: | 80,85,24,735 equity shares |
| Total Issued Share Capital: | Rs. 80,85,24,735 |
| Par Value per Share: | Re. 1 each |
Regulatory Compliance
The allotment was conducted in compliance with multiple regulatory frameworks. The disclosure was made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and Regulation 10(c) of SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021.
The RSU Plan 2022 had received in-principle approvals from both stock exchanges. BSE Limited granted approvals under reference numbers DCS/IPO/TL/ESOP-IP/2556/2022-23 dated 14th November, 2022 and DCS/IPO/TL/ESOP-IP/3044/2023-24 dated 25th January, 2024. National Stock Exchange provided approvals under NSE/LIST/33185 dated 15th November, 2022 and NSE/LIST/39196 dated 25th January, 2024.
Share Characteristics
The newly allotted shares are identical in all respects to existing equity shares of the company. No lock-in provisions apply to these shares, and no premium was charged beyond the exercise price of Re. 1 per share. The shares are issued in dematerialized form under ISIN INE531A01024 and are eligible for trading on both BSE Limited and National Stock Exchange of India Limited.
Historical Stock Returns for Kansai Nerolac Paints
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.34% | -1.65% | -5.05% | -6.35% | -2.65% | -42.52% |
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