For more details, kindly Click here. (ii) Payment of interim dividend of Rs.1.25 (Rupee One and paise Twenty-five only) per equity share of the face value of Re. While decorative paints business remains strong, overall economic growth to aid industrial segment. Investment Checklist. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Watchlist. Get all latest & breaking news on Kansai Nerolac Paints. These included paint majors Asian Paints, Berger Paints and Kansai Nerolac. Kansai Nerolac Paints News. Intimation on the closure of Trading Window for the Board meeting on November 3, 2020 where Unaudited Financial Results would be considered had already been given to the Stocks that hit upper circuit As many as 494 stocks hit upper circuits on the BSE. The Board of Directors of Kansai Nerolac Paints Limited has, at its meeting held today i.e. Sales growth: - Kansai Nerolac Paint has reported revenue growth of - 4.45 % which is poor in relation to its growth and performance. In terms of the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (SEBI PIT Regulations) read with the Companys Code of Conduct to regulate, monitor and report trading by Insiders (Code of Conduct), the Trading Window of the Company, shall remain closed from Thursday, October 1, 2020 till Thursday, November 5, 2020 (both days inclusive). In terms of the provisions of Regulation 47 read with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the newspaper cutting of the Notice published in Free Press Journal (published in Mumbai, Bhopal, Indore and Ujjain editions; Copy of Mumbai Edition is attached) (English) and Navshakti (Mumbai Edition) (Marathi) today i.e. Kansai Nerolac Paints up by 1.68% is trading at ₹ 644.60 today. 1 (Rupee One) each for the financial year ending March 31, 2021. on Tuesday, November 3, 2020 ("Board Meeting"), inter alia, considered and approved: The Board of Directors of Kansai Nerolac Paints Limited ("the Company") has, at its meeting held today i.e. Post . National Company Law Tribunal convened Meeting of Equity Shareholders of Kansai Nerolac Paints Limited (Company) was held today i.e. While Kansai could benefit from input cost tailwinds and auto recovery in the near term, IIFL Securities believe that the overall paints industry will not be able to sustain a robust long-term growth rate. Explore more on Kansai Nerolac. Shares of Kansai Nerolac … KANSAI NEROLAC PAINTS LIMITED : News, information and stories for KANSAI NEROLAC PAINTS LIMITED | NSE India Stock Exchange: KANSAINER | NSE India Stock Exchange The Board Meeting commenced at 11.50 a.m. and concluded at 2.55 p.m. 2.03 PM Jan 3rd. Here's a word of advice for investors, Time for India to show some love to Bitcoins? For more details, kindly Click here. However, the same is not applicable for the general investors and the trading will be open for them. Mumbai, Oct 22 (PTI) Kansai Nerolac … Please find enclosed herewith a communication being issued to the Shareholders on the occasion of completion of 100 years by our Company, Kansai Nerolac Paints Limited. provisions of Regulation 29(3) of the SEBI Listing Regulations, the disclosures of related party transactions of the Company (on a consolidated basis) for the half year ended September 30, 2020 in the prescribed format is submitted herewith. Kansai Nerolac Paints Limited holds 60% of paid-up share in Kansai Paints Lanka (Private) Limited wherein 40% is held by Capital Holdings (Private) Limited of the Capital Maharaja Group, Sri Lanka. More than 150 stocks scaled 52-week highs on the BSE. Further to the intimation done by the Company on November 3, 2020, with respect to the Conference Call to be hosted by the Management of our Company on Thursday, November 5, 2020 at 11 a.m. (IST) to discuss Q2 FY 20-21 Financial Results of the Company, we are enclosing herewith an Investor Presentation. Kansai Nerolac Paint has an Inventory turnover ratio of 5.53 which shows that the management is inefficient in relation to its Inventory and working capital management. Kansai Nerolac on Tuesday reported an 11.56 per cent fall in consolidated net profit at Rs 167.96 crore for the quarter ended... September 25, 2020, Friday 'Automobile sales growth would sustain going ahead': Kansai Nerolac MD ... Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. The Board of Directors of Kansai Nerolac Paints Limited ("the Company") has, at its meeting held today i.e. 1 (Rupee One) each for the financial year ending Check out the live Kansai nerolac paints ltd data. They have closely monitored data points in the pandemic and analysed management commentary on how companies have managed the Covid-19 crisis. 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Request you to take the same on record. on September 19, 2020 with respect to the meeting of the Equity Shareholders of Kansai Nerolac Paints Limited to be convened on Tuesday, October 20, 2020 at 12:00 p.m. (IST) through Video Conferencing / Other Audio Visual Means, for the purpose of considering, and if thought fit, approving with or without modification(s), the Scheme of Merger by Absorption amongst Marpol Private Limited, Perma Construction Aids Private Limited with the Company, on a going concern basis under the applicable provisions of the Companies Act, 2013. However, the same is not applicable for the general investors and the trading will be open for them. A press release issued on the Unaudited Financial Results is also enclosed herewith. He points to the untarnished record of the industry to grow in double digits since 1991 and exudes confidence in growing in double digits for the next 2 decades as well. Kansai Nerolac Paints Ltd., incorporated in the year 1920, is a Large Cap company (having a market cap of Rs 26398.98 Crore) operating in Building Materials sector. You can switch off notifications anytime using browser settings. The Compliance Certificate in terms of the provisions of Regulation 7(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the half year ended September 30, 2020, issued on behalf of Kansai Nerolac Paints Limited, is enclosed herewith. About Kansai Nerolac Paints Limited. Also, please note that the Unaudited Financial Results would be duly intimated to the Stock Exchanges after the conclusion of the aforesaid Meeting. … The interim dividend will be paid to the members whose names appear in the Register of Members as on the Record Date, viz. Search. They are also present in U.K., Turkey, U.S., Canada, Mexico, UAE. 1 (Rupee One) each for the financial year ending March 31, 2021. Intrinsic Value. Kansai Nerolac is the second largest paint company in India and is the leader in Industrial segment, having a turnover of Rs 4212 crores. at their meeting to be held on November 03, 2020, Kansai Nerolac Paints Ltd has now informed BSE that at this meeting, a proposal for declaring interim dividend to the equity shareholders will also be considered. As required under Regulation 40 (10) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the the certificate issued by JHR & Associates, Company Secretaries in practice, certifying compliance by Kansai Nerolac Paints Limited under the provisions of Regulation 40 (9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the half year ended September 30, 2020 is attached herewith and being filed with the exchanges. Kansai Nerolac Paints Ltd. KANSAINER current share price, financial data, stock data. 6 crypto ideas for budget, Overcharged despite GST cut? It is clarified that in terms of the provisions of SEBI PIT Regulations read with the Code of Conduct of the Company, the Trading Window of the Company is closed only for the Designated Persons of the Company and their immediate relatives. The Products include- Automotive Coatings, Industrial coatings, Decorative coatings, Protective coatings and Marine Coatings. Friday, November 13, 2020 on Year 2010 – SRK became the brand ambassador for Nerolac 2006 – GNPL got named as Kansai Nerolac From 2004-2006, The Lote and Jainpur factories were awarded Greentech Safety Award Gold and Silver respectively. Look for signs in IPOs & investor portfolios, When to sit tight in the stock market! exchanges. KANSAI NEROLAC PAINTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2020,inter alia, to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and six months ended September 30, 2020 (Unaudited Financial Results). We take the quality of the messages posted on forum as seriously as our articles. (i) the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and six months ended on September 30, 2020 ("Unaudited Financial Results"). The resolution as set out in the Notice of the said meeting namely, Approval of the Scheme of Merger by Absorption amongst Marpol Private Limited, Perma Construction Aids Private Limited (wholly-owned subsidiaries), with Kansai Nerolac Paints Limited on a going concern basis under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 was duly approved by the Equity Shareholders, with requisite majority. It is clarified that in terms of the provisions of SEBI PIT Regulations read with the Code of Conduct of the Company, the Trading Window of the Company is closed only for the Designated persons of the Company and their immediate relatives. For reprint rights: Times Syndication Service, Stock Analysis, IPO, Mutual Funds, Bonds & More, Board Meeting : Quarterly Results & Others. A copy of the letter issued by them is enclosed herewith for your information, in terms of the provisions of Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Get the latest Kansai nerolac paints ltd stock/share markets News and articles & the historic stock/share data for Nifty/Sensex today. Get live share price chart, key metrics, forecast and ratings of Kansai Nerolac Paints Ltd - KANSAINER on Tickertape Check out the live Kansai nerolac paints ltd data. Merged and Lead Industries Group was established shown a positive bias during the Muhurat session... Company Scheme Application No at current levels, Buy immediate for 645 targets in and. My subscription page to discover the benefits of this programme KNPL ) is the largest industrial Paints player India. Sales at Rs 1,383.21 crore, up 4.35 % Y-o-Y measures used stock... Was founded by Katsujiro Iwai in Amagasaki City, Japan in May.. 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