Kansai Nerolac Paints (KANSAINER) — Announcement

📢 Key Event
GST appellate order reduces penalty to Rs. 1.46 crore

💡 Investor Takeaway
The penalty reduction removes a minor financial risk but does not affect the company's core performance.

Kansai Nerolac Paints disclosed a GST appellate order reducing a penalty to Rs. 1.46 crore after partial relief on input tax credit claims for FY 2017-18, with no material impact on financials or operations, and plans to appeal to the GST Appellate Tribunal.

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About Kansai Nerolac Paints Limited (KANSAINER)

Consumer Durables · Paints/Varnish · Listed on NSE

Market Cap: ₹15,729.5 Cr P/E: 24.1 ROE: 8.8% ROCE: 12.5% Div Yield: 1.93%

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🔥 Also filed on 26 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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