Kansai Nerolac Paints Ltd - 500165 - Audited Standalone And Consolidated Financial Results Of The Company For The Financial Year Ended March 31, 2019
Board of Directors has, in its meeting held on May 2,2019, inter alia 1. considered & approved Audited Standalone & Consolidated Financial Results for financial year ended March 31,2019 2. recommended a dividend of 260%(Rs.2.60 per equity share of the face value of Re.1 each), for financial year ended March 31,2019 3. approved appointment of S R B C & CO LLP, Chartered Accountants as Statutory Auditors 4. granted in-principle approval to merger of Marpol Pvt Ltd & Perma Construction Aids Pvt Ltd, both wholly-owned subsidiaries, with the Company, subject to necessary statutory approvals. The meeting commenced at 11.50 a.m. & concluded at 2.30 p.m. Enclosed: (i) Audited Financial Results; (ii) Auditors Report dated May 2,2019, issued by the Statutory Auditors. We declare that the Statutory Auditor have issued an Auditors' Report with unmodified opinion on Audited Standalone & Consolidated Financial Results for financial year ended March 31,2019. A press release is also enclosed.02-05-2019