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Kansai Nerolac Paints gets nod to sell entire stake of Kansai Paints Lanka

12 Dec 2025 Evaluate

Kansai Nerolac Paints has received approval from Board of Directors for sale of the Company’s entire stake of 60% of the total equity share capital of Kansai Paints Lanka, the Company’s subsidiary in Sri Lanka, to Atire, a Sri Lankan entity. The Company will be executing an Agreement for the sale of its stake.

Kansai Paints Lanka is not a material subsidiary of the Company. Post execution of the Agreement, Kansai Paints Lanka shall cease to be a subsidiary of the Company. The Board of Directors of the Company, in its meeting held on December 11, 2025 has approved the same. 

Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, automotive coatings and performance coatings.

Kansai Nerolac Paint Share Price

191.45 6.05 (3.26%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Asian Paints 2359.40
Berger Paints India 454.70
Kansai Nerolac Paint 191.45
JSW Dulux 2978.20
Indigo Paints 811.55
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