Kansai Nerolac Paints has informed that the Board of Directors of the Company at its meeting held on April 27, 2016 (which meeting commenced at 12 noon and concluded at 3.45 pm), total Dividend recommended is 305% (Rs 3.05 per share of the face value of Re 1 each). This dividend includes special dividend of 125% for the year. Compared to this, the total dividend for last year was 140% (Re 1.40 per share of the face value of Re 1 each).
The above information is a part of company’s filings submitted to BSE.