Request you to take the same on record. We take the quality of the messages posted on forum as seriously as our articles. This is further to our intimation dated 18th September, 2020 on NCLT convened meeting of Shareholders through Video Conferencing / Other Audio Visual Means on 20th October, 2020 at 12.00 p.m. (IST). Watchlist. The Kansai Nerolac Paints PE ratio based on its reported earnings over the past 12 months is 87.83.The shares are currently trading at ₹656.15.. Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Management of our Company will be hosting a Conference Call on Thursday, November 5, 2020 at 11 a.m. (IST) to discuss Q2 FY 20-21 Financial Results of the Company. Kansai Paint was founded by Katsujiro Iwai in Amagasaki City, Japan in May 1918. For more details, kindly Click here. KANSAI NEROLAC PAINTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/02/2021 ,inter alia, to consider and approve Meeting of the Board of Directors of Kansai Nerolac Paints Limited will be held on Monday, February 1, 2021, to inter alia consider the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2020. Mr. Harishchandra Meghraj Bharuka, B.Com., AICWA, has been Managing Director of Kansai Nerolac Paints Limited since April 1, 2004 and has been its Vice Chairman since May 3, 2017. Mumbai: Paints major Kansai Nerolac said that demand for decorative paints has been fast recovering in rural India and with the upcoming festive season, the company can recover much of the sales lost due to the lockdown and get close to last year’s volume. The company is in the process of finalising a 68 percent stake in Nepal Shalimar Pvt Ltd (NSPL), Kansai Nerolac Paints Ltd (KNPL) said in a filing to the BSE. While decorative paints business remains strong, overall economic growth to aid industrial segment. Kansai Nerolac refreshes brand identity 'Colours that Care' is the brand’s new positioning statement and a new campaign has been launched titled Aaj Careful toh Kal Colourful The interim dividend will be paid to the members whose names appear in the Register of Members as on the Record Date, viz. 2.03 PM Jan 3rd. 4110 of 2019 read with the order dated 4th September, 2020, in Company Application No. Check Kansai Nerolac Paints Ltd. KANSAINER profit and loss statement, balance … Kansai Nerolac Paints Ltd Announces Q3 Results FY 2015-2016 Gross Sales up by 11.3 % - News of Kansai Nerolac Paints Limited, Andheri East, Mumbai, Maharashtra 04 Nov 2020 11:22 AM. For more details, kindly Click here. 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. With reference to the earlier letter dated September 30, 2020 regarding the Board of Directors of the Company would consider the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and six months ended September 30, 2020 (?Unaudited Financial Results?) The balance sheet is clearly the area to focus on when you are analysing debt. 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. Get the latest Kansai nerolac paints ltd stock/share markets News and articles & the historic stock/share data for Nifty/Sensex today. 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. Download < Back: 01 Jan 2021 Our Company, Kansai Nerolac Paints Limited, has a subsidiary in Bangladesh by the name, Kansai Nerolac Paints (Bangladesh) Limited (formerly known as RAK Paints Limited), wherein our Company holds 55% of paid-up share capital.<BR> <BR> We have been informed today by the Bangladesh subsidiary, Kansai Nerolac Paints (Bangladesh) Limited, that in a … View real-time stock prices and stock quotes for a full financial overview. Get the latest Kansai nerolac paints ltd stock/share markets News and articles & the historic stock/share data for Nifty/Sensex today. PTI Feeds | October 22, 2018 8:27 PM IST. Kansai Nerolac Paints Ltd., incorporated in the year 1920, is a Large Cap company (having a market cap of Rs 28075.02 Crore) operating in Building Materials sector. Its total income during July-September 2020 grew 4.37 per cent to Rs 1,388.02 crore, compared with Rs 1,329.88 crore in the year-ago period. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Intrinsic value is the calculated value of the company and may differ from current stock price. 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). The Board Meeting commenced at 11.50 a.m. and concluded at 2. Post . Later in 1930, three British companies were merged and Lead Industries Group was established. A press release issued on the Unaudited Financial Results is also enclosed herewith. Kansai Nerolac Paints up by 1.68% is trading at ₹ 644.60 today. In pursuance of the orders of NCLT, a notice alongwith the Explanatory Statement under Sections 230, 232 and 102 of the Act read with Rule 6 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 inter alia including the Scheme, has been issued to the Unsecured Creditors of the Applicant Company as required under Section 230(3) of the Act and the same is enclosed herewith. 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. 1 (Rupee One) each for the financial year ending March 31, 2021. Rs. This is in furtherance to the intimation dated September 30, 2020, from the Company to the exchanges in terms of the provisions of Regulation 29 of SEBI (LODR) Regulations, 2015, wherein we had informed that the Board of Directors of the Company would consider the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and six months ended September 30, 2020 at their meeting to be held on Tuesday, November 3, 2020. proposal for declaring interim dividend to the equity shareholders will also be considered. Home. ... 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. Account. Nerolac Paints, a leading paint company in India offers a wide range of paint colors & decorative wall painting solutions for homes & offices. Kansai Nerolac Q2 net down 15.65% to Rs 121.99 cr. Search. These plants were also awarded OHSAS18001 certification Mr. Amitabh Bachchan was signed as brand ambassador to focus on brand Nerolac. Get all latest & breaking news on Kansai Nerolac Paints. 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. 04 Nov 2020 11:22 AM. KANSAI NEROLAC PAINTS LIMITED : News, information and stories for KANSAI NEROLAC PAINTS LIMITED | NSE India Stock Exchange: KANSAINER | NSE India Stock Exchange UltraTech Cement Q3 net profit more than doubles to Rs 1,584 crore, GM warns Maharashtra's move to block its exit could hit investment, Lalu to be shifted to AIIMS-Delhi as health condition deteriorates, Adani Group says being targeted through false propaganda, online campaign, Mamata slams Centre for abolishing plan panel 'conceptualised by Netaji', Maruti Suzuki's hatchback Swift India's 'best-selling' car model in 2020, Rebound in auto industry set to brighten prospects for Kansai Nerolac, Kansai Nerolac's net profit falls 11.5% to Rs 168 crore in Sept quarter, 'Automobile sales growth would sustain going ahead': Kansai Nerolac MD, Paint stocks' valuations dicey, investors should await better entry point, Paint stocks in focus; Asian Paints hits record high, Berger Paints up 2%, Kansai Nerolac Q1 net profit falls 79% to Rs 29.64 cr, income declines 58%, Paint stocks trade weak on concern of demand destruction in near term, MARKET WRAP: Sensex ends 232 pts higher as financials, auto stocks rally, Market Ahead, May 6: Top Factors That Could Guide Markets Today, Market Ahead, May 4: Top factors that could guide markets this week, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). , decorative coatings, Protective coatings and performance coatings cent to Rs 1,388.02 crore, up 4.35 %.. 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