Kansai Nerolac shareholders approve key resolutions via postal ballot

Kansai Nerolac Paints Limited announced the successful completion of its postal ballot, with shareholders approving resolutions detailed in the notice dated March 11, 2025. Key approvals included the payment of compensation and special gratuity to outgoing Managing Director, Mr. Anuj Jain, garnering 99.4725% approval on votes polled. The appointment of Mr. Pravin Digambar Chaudhari as the new Managing Director, effective April 1, 2025, also passed with a strong majority of 99.6907% of votes cast in favour. The remote e-voting, conducted between March 20 and April 18, 2025, saw significant shareholder participation. The results were scrutinized by JHR & Associates, confirming compliance with regulatory requirements.