Kansai Nerolac hits 52-week low, falls 17% in February on weak Q3 results
The good growth in infrastructure, core sector as well as automobile and real estate is likely to have a positive effect on the overall demand of paint for the industry in the long run.
KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
In terms of Regulation 30 and other applicable provisions of the SEBI LODR, we wish to inform you that the Board of Directors has, at its Meeting held today, i.e. Friday, 18th February, 2022, (which commenced at 3.30 p.m. and concluded at 4.10 p.m.) considered / approved the following changes in the Board of Directors: 1.Took on record the retirement of Mr. H. M. Bharuka (DIN 00306084) as Vice Chairman and Managing Director of the Company on completion of his term from the close of business on 31st March, 2022 and also accepted his resignation as a member of the Board of Directors of the Company from the said date. 2.Approved the appointment of Mr. Anuj Jain (DIN 08091524) as the Managing Director, for a term of five years, with effect from 1st April, 2022, subject to approval of the shareholders of the Company. Mr. Anuj Jain is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Change in Directorate
In terms of Regulation 30 and other applicable provisions of the SEBI LODR, we wish to inform you that the Board of Directors has, at its Meeting held today, i.e. Friday, 18th February, 2022, (which commenced at 3.30 p.m. and concluded at 4.10 p.m.) considered / approved the following changes in the Board of Directors: 1.Took on record the retirement of Mr. H. M. Bharuka (DIN 00306084) as Vice Chairman and Managing Director of the Company on completion of his term from the close of business on 31st March, 2022 and also accepted his resignation as a member of the Board of Directors of the Company from the said date. 2.Approved the appointment of Mr. Anuj Jain (DIN 08091524) as the Managing Director, for a term of five years, with effect from 1st April, 2022, subject to approval of the shareholders of the Company. Mr. Anuj Jain is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. KANSAI NEROLAC PAINTS LTD. - 500165 - Closure of Trading Window
In terms of the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 ('SEBI PIT Regulations') read with the Company''s Code of Conduct to regulate, monitor and report trading by Insiders ('Code of Conduct'), the 'Trading Window' of the Company, shall remain closed with immediate effect from today, Friday - 11th February, 2022 till the close of Monday, 21st February, 2022. It is clarified that in terms of the provisions of SEBI PIT Regulations read with the Code of Conduct of the Company, the 'Trading Window' of the Company is closed only for the Designated Persons of the Company and their immediate relatives. This has been duly intimated to them. However, the same is not applicable for the general investors and the trading will be open for them. KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This refers to the intimation done by the Company on 1st February, 2022 with regard to the conference call to be hosted by the Management of our Company to discuss Q3 FY 2021-22 Financial Results of the Company, and intimation done on 2nd February, 2022 wherein an Investor Presentation was enclosed for the same. The Conference call was hosted by the Management of our Company on Friday, 4th February, 2022 at 11:00 a.m. (IST) and we are enclosing herewith the transcript of the Conference call for your information and reference.
Buy Kansai Nerolac Paints; target of Rs 651: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Kansai Nerolac Paints has recommended buy rating on the stock with a target price of Rs 651 in its research report dated February 04, 2022.
Kansai Nerolac: Near-term outlook dull for the stock
Kansai had hiked prices of decorative paints by 20% and industrial paints by 18% in the past few months. While price hikes taken by the company in Q3FY22 will show benefits in Q4FY22, they are not sufficient to offset entire impact of inflation
Earnings Call for Q3FY22 of Kansai Nerolac Paints
Conference Call with Kansai Nerolac Paints Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript. KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Investor Presentation
Further to the intimation done by the Company on 1st February, 2022 with respect to the conference call to be hosted by the Management of our Company on Friday, 4th February, 2022 at 11:00 a.m. (IST) to discuss Q3 FY 2021-22 Financial Results of the Company, we are enclosing herewith an Investor Presentation.
