Kansai Nerolac AGM approves dividend, director changes

** Kansai Nerolac Paints held its 105th Annual General Meeting (AGM) on June 30, 2025, where shareholders approved key resolutions through video conferencing. A dividend of INR 3.75 per share, including a special dividend of INR 1.25, for the fiscal year ended March 31, 2025, was approved. The AGM also addressed changes to the composition of the Board of Directors. Mr. Hitoshi Nishibayashi retired as a Non-Executive Director due to health reasons and did not seek reappointment. The shareholders also appointed Mr. Gen Yokota as a Non-Executive Director, liable to retire by rotation.