Disclosure Context
Kansai Nerolac Paints Limited submitted this regulatory filing to BSE Limited and National Stock Exchange of India Ltd. on 4th August 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a resubmission providing additional details requested by BSE regarding board meeting timing.
Board Meeting Details
The Board of Directors meeting was held on Monday, 3rd August 2026, commencing at 12:20 PM and concluding at 3:45 PM.
Approved Capacity Expansion Projects
The Board approved five specific capacity addition projects:
Industrial Paints Capacity Additions
1. Sayakha Plant: Addition of 1,750 KL/month for Industrial Paints (Auto Paints, ARF-Auto Refinish and Thinner)
- Existing capacity: 1,973 KL/month
- Existing utilization: 87%
- Investment: ₹204 Crores
- Completion: FY 2028-29
2. Bawal Plant: Addition of 1,625 KL/month for Industrial Paints (Auto Paints and Thinner)
- Existing capacity: 3,926 KL/month
- Existing utilization: 95%
- Investment: ₹143 Crores
- Completion: Phased manner by end of FY 2028-29
3. Hosur Plant: Addition of 900 KL/month for Industrial Paints (Auto Paints and Thinner)
- Existing capacity: 2,237 KL/month
- Existing utilization: 76%
- Investment: ₹65 Crores
- Completion: FY 2028-29
Other Capacity Additions at Sayakha Plant
4. Powder Coating: Addition of 1,215 MT/month
- Existing capacity: Not previously established (Nil)
- Investment: ₹128 Crores
- Completion: Phased manner by end of FY 2028-29
- Rationale: To meet market demand for powder coating
5. Industrial Resins: Addition of 815 MT/month for Industrial Alkyd, Polyester and Acrylic
- Existing capacity: 852 MT/month
- Existing utilization: 79%
- Investment: ₹61 Crores
- Completion: Phased manner by end of FY 2028-29
- Rationale: To support increased demand in auto paint and as part of backward integration
Financial Details
- Total Investment: ₹541 Crores (₹204 Cr + ₹143 Cr + ₹65 Cr + ₹128 Cr + ₹61 Cr)
- Mode of Financing: Internal cash accruals for all projects