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Kansai Nerolac

7th-May-2021 16:21Source: BSE

Kansai Nerolac Paints - Corporate Action-Board approves Dividend

The Board of Directors of Kansai Nerolac Paints Limited has, in its meeting held today i.e. on Friday, May 7, 2021, inter alia considered and approved the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2021;

The Board has recommended a final dividend of 400% (Rs. 4.00 per share) which includes special dividend of 200% (Rs. 2.00 per share) for the year, in addition the Company had declared interim dividend of 125% (Rs. 1.25 per share) paid on November 27, 2020. Accordingly, the total dividend is 525% (Rs. 5.25 per share) for the financial year ended March 31, 2021 as compared to total dividend of 315% (Rs. 3.15 per share) declared last year.