Date: 3rd August, 2026
Board Meeting Outcomes
The Board of Directors of Kansai Nerolac Paints Limited, in its meeting held on Monday, 3rd August, 2026, approved five capacity expansion projects with a total investment of ₹601 crores.
Capacity Expansion Details
Industrial Paints Capacity Additions
1. Sayakha Plant (Auto Paints, ARF-Auto Refinish and Thinner)
- Existing capacity: 1,973 KL/month
- Existing capacity utilization: 87%
- Proposed capacity addition: 1,750 KL/month
- Investment required: ₹204 Crores
- Completion timeline: FY 2028-29
2. Bawal Plant (Auto Paints and Thinner)
- Existing capacity: 3,926 KL/month
- Existing capacity utilization: 95%
- Proposed capacity addition: 1,625 KL/month
- Investment required: ₹143 Crores
- Completion timeline: Capacity addition in phased manner by the end of FY 2028-29
3. Hosur Plant (Auto Paints and Thinner)
- Existing capacity: 2,237 KL/month
- Existing capacity utilization: 76%
- Proposed capacity addition: 900 KL/month
- Investment required: ₹65 Crores
- Completion timeline: Not specified
Powder Coating Capacity Addition
4. Sayakha Plant (Powder Coating)
- Existing capacity: Nil
- Proposed capacity addition: 1,215 MT/month
- Investment required: ₹128 Crores
- Completion timeline: Capacity addition in phased manner by the end of FY 2028-29
- Rationale: To meet the demand in market for powder coating
Industrial Resins Capacity Addition
5. Sayakha Plant (Industrial Alkyd, Polyester and Acrylic)
- Existing capacity: 852 MT/month
- Existing capacity utilization: 79%
- Proposed capacity addition: 815 MT/month
- Investment required: ₹61 Crores
- Completion timeline: Capacity addition in phased manner by the end of FY 2028-29
- Rationale: To support the demand in auto paint and as a part of backward integration
Financing Details
All capacity expansion projects will be funded through internal cash accruals.