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Kansai Nerolac Paints Ltd received an appellate order confirming a penalty of ₹0.29 Crore due to partial disallowance of Input Tax Credit for FY 2020-2021 in Uttar Pradesh. The company plans to appeal this order before the GST Tribunal and states there is no material impact on its financials or operations.
Kansai Nerolac Paints Limited confirmed it is not classified as a 'Large Corporate' under SEBI's debt-raising framework as of March 31, 2026. The company reported zero outstanding long-term borrowings, exempting it from mandatory incremental borrowing through debt securities.
Promoter Kansai Paint Co., Ltd., Japan, has declared that its 60,62,03,847 equity shares in Kansai Nerolac Paints Limited remained free of any encumbrance during the financial year ended March 31, 2026. This is a routine regulatory compliance filing confirming no promoter shares were pledged.
Kansai Paint Co. Ltd., the promoter of Kansai Nerolac Paints Limited, confirmed that it has not created any encumbrance on its holding of 60.62 crore equity shares during the financial year ended March 31, 2026. This is a routine regulatory declaration under SEBI Takeover Regulations.