Kansai Nerolac Approves Audited Results And Recommends Dividend
The board recommended a dividend of 250 per cent, equivalent to Rs. 2.50 per equity share, for the financial year ended 31 March 2026. This compares with a dividend of 375 per cent, equivalent to Rs. 3.75 per equity share, declared for the previous financial year which included a special dividend of 125 per cent, equivalent to Rs. 1.25 per equity share. The recommendation will be subject to approval by shareholders as per applicable law and listing regulations.
The board meeting commenced at one forty five p.m. and concluded at four fifteen p.m. The company noted that the auditors' report was dated six May 2026 and was issued by S R B C & CO LLP, Chartered Accountants. The company confirmed that it had prepared the audited financial results in compliance with the listing obligations and disclosure requirements of the Securities and Exchange Board of India. Arrangements were made for publication of the results in the prescribed formats and for filing with the stock exchanges.
The company stated that the audited standalone and consolidated financial results and the auditors' report would be enclosed with the filings and press release. The company secretary was authorised to complete regulatory formalities and disclosures required under the listing regulations. The board recorded that necessary steps had been taken to ensure timely communication to shareholders and regulators.