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Kansai Nerolac Sets NCLT-Convened Shareholders’ Meet on Nerofix Merger

Story Highlights
  • Kansai Nerolac has published NCLT-directed notices for a shareholder meeting in leading newspapers.
  • Equity shareholders will meet virtually on 27 February 2026 to consider amalgamating Nerofix Private Limited with Kansai Nerolac Paints Limited.
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Kansai Nerolac Sets NCLT-Convened Shareholders’ Meet on Nerofix Merger

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The latest update is out from Kansai Nerolac Paints Limited ( (IN:KANSAINER) ).

Kansai Nerolac Paints Limited has notified stock exchanges that, following directions from the National Company Law Tribunal (NCLT), it has published a notice in the Free Press Journal and Navshakti regarding a court-convened meeting of its equity shareholders. The meeting, scheduled for 27 February 2026 and to be held via video conferencing and other audio-visual means, will consider a proposed Scheme of Amalgamation of Nerofix Private Limited with Kansai Nerolac Paints Limited, a step that could streamline group structure and potentially enhance operational and financial efficiencies for shareholders and other stakeholders.

More about Kansai Nerolac Paints Limited

Kansai Nerolac Paints Limited is a leading Indian paints and coatings manufacturer, best known for its decorative and industrial paints. The company serves both retail and institutional customers and is listed on BSE and NSE, positioning it as a key player in the domestic coatings and surface finishes market.

Average Trading Volume: 23,532

Technical Sentiment Signal: Sell

Current Market Cap: 183.5B INR

See more insights into KANSAINER stock on TipRanks’ Stock Analysis page.

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