Kansai Nerolac allots shares from employee restricted stock units

Kansai Nerolac Paints Limited has approved the allotment of 10,526 fully paid-up equity shares, each with a face value of Re. 1. This allotment stems from the exercise of restricted stock units (RSUs) granted under the Kansai Nerolac Paints Limited Restricted Stock Units Plan, 2022. The new shares will be listed on both the BSE Limited and the National Stock Exchange of India Limited.

The issue date for these shares is October 9, 2025, and they will contribute to a total of 80,85,13,042 equity shares outstanding, representing a total issued share capital of Rs. 80,85,13,042. The shares are identical in all respects to existing shares and have an ISIN of INE531A01024, with distinctive numbers ranging from 80,85,02,517 to 80,85,13,042.

This action follows regulatory requirements under Regulation 30 and 10(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. In-principle approvals were obtained from both the BSE and NSE in November 2022 and January 2024.