BSECompany Update4 Aug 2026 · 4 Aug 2026, 04:15 pm
This is to inform you that the Board of Directors of Kansai Nerolac Paints LImited has, at its Board Meeting held on Monday, 3rd August, 2026, inter alia considered and approved the proposal ....
Kansai Nerolac Paints Ltd · 500165
✦ AI Summary▲ PositiveExpansion
Kansai Nerolac Paints Ltd has informed the exchange about the approval of proposals to add capacity in Industrial Paints, Powder Coating, and Industrial Resins at its Sayakha, Bawal, and Hosur plants. The capacity additions are to be completed by the end of FY 2028-29, with investments of Rs. 204 Crores, Rs. 143 Crores, and Rs. 65 Crores respectively. The company aims to meet the growing demand in the automotive paint industry and support its backward integration efforts.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Kansai Nerolac Paints Ltd - 500165 - Revised Intimation For Capacity Addition In Accordance With The E-Mail Dated 4Th August, 2026 Received From BSE Team
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Page 1 of 4
KANSAI NEROLAC
PAINT
4th August, 2026
1. Corporate Relationship Department 2. Manager – Listing
BSE Limited, National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai – 400 001. Mumbai - 400 051.
Sub.: Capacity Addition
Ref.: 1. Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
2. BSE Scrip Code: 500165, NSE Symbol - KANSAINER
3. Additional details required for Corporate Announcement filed under
Regulation 30 of SEBI (LODR) Regulations, 2015.
Dear Sirs,
This is further to the e-mail dated 4th August, 2026 received by the Company from BSE
seeking additional information (board meeting commencement and conclusion time) with
regard to the disclosure made by the Company, on 3rd August, 2026, under Regulation 30
of the SEBI Listing Regulations on the captioned subject. The said disclosure is hereby
resubmitted as under:
This is to inform you that the Board of Directors of Kansai Nerolac Paints Limited has, in
the Board meeting held today i.e. on Monday, 3rd August, 2026, inter alia considered and
approved the following proposals:
1. Addition of capacity of Industrial Paints (Auto Paints, ARF-Auto Refinish and
Thinner) at Sayakha Plant of the Company by 1,750 KL/month;
2. Addition of capacity of Industrial Paints (Auto Paints and Thinner) at Bawal Plant of
the Company by 1,625 KL/month;
3. Addition of capacity of Industrial Paints (Auto Paints and Thinner) at Hosur Plant of
the Company by 900 KL/month;
4. Addition of capacity of Powder Coating at Sayakha Plant of the Company by
1,215 MT/month and
5. Addition of capacity of Industrial Resins (Industrial Alkyd, Polyester and Acrylic) at
Sayakha Plant of the Company by 815 MT/month.
KANSAI NEROLAC PAINTS LIMITED
Registered Office : 28th Floor. A-wing. Marathon Futurex. N. M. Joshi Marg. Lower Parel. Mumbai -400 013. India T: •91 22 4060 2500/2501 I www.nerolac.com
CIN: L24202MH1920PLC000825
Page 2 of 4
KANSAI NEROLAC
PAINT
The details as required under Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 are as annexed.
The Board Meeting commenced at 12.20 p.m. and concluded at 3.45 p.m.
For KANSAI NEROLAC PAINTS LIMITED
G. T. GOVINDARAJAN
COMPANY SECRETARY
Encl.: As above
KANSAI NEROLAC PAINTS LIMITED
Registered Office : 28th Floor. A-wing. Marathon Futurex. N. M. Joshi Marg. Lower Parel. Mumbai -400 013. India T: •91 22 4060 2500/2501 I www.nerolac.com
CIN: L24202MH1920PLC000825
Page 3 of 4
KANSAI NEROLAC
PAINT
Annexure A
1. Addition of capacity of Industrial Paints (Auto Paints, ARF-Auto Refinish and
Thinner) at Sayakha Plant of the Company by 1,750 KL/month;
2. Addition of capacity of Industrial Paints (Auto Paints and Thinner) at Bawal Plant of
the Company by 1,625 KL/month;
3. Addition of capacity of Industrial Paints (Auto Paints and Thinner) at Hosur Plant of
the Company by 900 KL/month;
Sayakha Plant
Bawal Plant Hosur Plant
Sr. (Auto Paints,
Particulars (Auto Paints and (Auto Paints and
No. ARF and
Thinner) Thinner)
Thinner)
1. Existing capacity 1,973 KL/month 3,926 KL/month 2,237 KL/month
2. Existing capacity 87% 95% 76%
utilization (%)
3. Proposed capacity 1,750 KL/month 1,625 KL/month 900 KL/month
addition
4. Period within which Capacity addition in phased manner by the end of
the proposed FY 2028-29.
capacity is to be
added
5. Investment required Rs. 204 Crores Rs. 143 Crores Rs. 65 Crores
6. Mode of financing Internal cash accruals
7. Rationale In view of the estimated growth in automotive paint
industry, capacity additions are being carried out.
KANSAI NEROLAC PAINTS LIMITED
Registered Office : 28th Floor. A-wing. Marathon Futurex. N. M. Joshi Marg. Lower Parel. Mumbai -400 013. India T: •91 22 4060 2500/2501 I www.nerolac.com
CIN: L24202MH1920PLC000825
Page 4 of 4
KANSAI NEROLAC
PAINT
4. Addition of capacity of Powder Coating at Sayakha Plant of the Company by
1,215 MT/month and
5. Addition of capacity of Industrial Resins (Industrial Alkyd, Polyester and Acrylic) at
Sayakha Plant of the Company by 815 MT/month.
Sayakha Plant
Sr. Sayakha Plant
Particulars (Industrial Alkyd,
No. (Powder Coating)
Polyester and Acrylic)
1. Existing Capacity Nil 852 MT/month
2. Existing capacity NA 79%
utilization (%)
3. Proposed capacity 1,215 MT/month 815 MT/month
addition
4. Period within which Capacity addition in phased manner by the end of
the proposed FY 2028-29.
capacity is to be
added
5. Investment required Rs. 128 Crores Rs. 61 Crores
6. Mode of financing Internal cash accruals
7. Rationale To meet the demand in To support the increased
market for powder demand in auto paint and as a
coating, capacity addition part of backward integration,
is being carried out. capacity addition is being
carried out.
KANSAI NEROLAC PAINTS LIMITED
Registered Office : 28th Floor. A-wing. Marathon Futurex. N. M. Joshi Marg. Lower Parel. Mumbai -400 013. India T: •91 22 4060 2500/2501 I www.nerolac.com
CIN: L24202MH1920PLC000825