Kansai Nerolac loans 45 crore rupees to wholly owned subsidiary Nerofix

Kansai Nerolac Paints Limited announced on August 26, 2025, that it has entered into a loan agreement to grant 45 crore rupees to Nerofix Private Limited, its wholly owned subsidiary. The loan, classified as an unsecured related party transaction conducted at arm's length, is intended to support the subsidiary's operations.

The loan carries an interest rate of 8.50% per annum, with interest payable quarterly. The agreement specifies a tenure of five years from the date of execution, and the interest rate may be subject to annual revision by Kansai Nerolac Paints, which holds 100% of Nerofix Private Limited's paid-up share capital.

This disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.