Kansai Nerolac Paints Limited — Others, 09-07-2025: ESOP/ESOS/ESPS

Kansai Nerolac Paints Limited has announced a board meeting and approved the allotment of 11,837 equity shares worth Re. 1 each, fully paid-up, under its Restricted Stock Units Plan, 2022. These shares are identical to existing ones, increasing the total equity shares outstanding to 80.85 crore. The allotment reflects ongoing employee incentive measures, supporting talent retention and aligning employee interests with shareholders. This move underscores the company’s focus on strengthening its workforce through equity participation.