5001652024-10-012024-12-315001652024-12-315001652024-10-012024-12-31CompositionOfBoardOfDirectors15001652024-12-31CompositionOfBoardOfDirectors15001652024-10-012024-12-31CompositionOfBoardOfDirectors25001652024-12-31CompositionOfBoardOfDirectors25001652024-10-012024-12-31CompositionOfBoardOfDirectors35001652024-12-31CompositionOfBoardOfDirectors35001652024-10-012024-12-31CompositionOfBoardOfDirectors45001652024-12-31CompositionOfBoardOfDirectors45001652024-10-012024-12-31CompositionOfBoardOfDirectors55001652024-12-31CompositionOfBoardOfDirectors55001652024-10-012024-12-31CompositionOfBoardOfDirectors65001652024-12-31CompositionOfBoardOfDirectors65001652024-10-012024-12-31CompositionOfBoardOfDirectors75001652024-12-31CompositionOfBoardOfDirectors75001652024-10-012024-12-31CompositionOfBoardOfDirectors85001652024-12-31CompositionOfBoardOfDirectors85001652024-10-012024-12-31CompositionOfBoardOfDirectors95001652024-12-31CompositionOfBoardOfDirectors95001652024-10-012024-12-31CompositionOfCommittees145001652024-12-31CompositionOfCommittees145001652024-10-012024-12-31CompositionOfCommittees155001652024-12-31CompositionOfCommittees155001652024-10-012024-12-31CompositionOfCommittees165001652024-12-31CompositionOfCommittees165001652024-10-012024-12-31CompositionOfCommittees415001652024-12-31CompositionOfCommittees415001652024-10-012024-12-31CompositionOfCommittees425001652024-12-31CompositionOfCommittees425001652024-10-012024-12-31CompositionOfCommittees435001652024-12-31CompositionOfCommittees435001652024-10-012024-12-31CompositionOfCommittees445001652024-12-31CompositionOfCommittees445001652024-10-012024-12-31CompositionOfCommittees685001652024-12-31CompositionOfCommittees685001652024-10-012024-12-31CompositionOfCommittees695001652024-12-31CompositionOfCommittees695001652024-10-012024-12-31CompositionOfCommittees705001652024-12-31CompositionOfCommittees705001652024-10-012024-12-31CompositionOfCommittees955001652024-12-31CompositionOfCommittees955001652024-10-012024-12-31CompositionOfCommittees965001652024-12-31CompositionOfCommittees965001652024-10-012024-12-31CompositionOfCommittees975001652024-12-31CompositionOfCommittees975001652024-10-012024-12-31CompositionOfCommittees985001652024-12-31CompositionOfCommittees985001652024-10-012024-12-31CompositionOfCommittees995001652024-12-31CompositionOfCommittees995001652024-10-012024-12-31CompositionOfCommittees1225001652024-12-31CompositionOfCommittees1225001652024-10-012024-12-31CompositionOfCommittees1235001652024-12-31CompositionOfCommittees1235001652024-10-012024-12-31CompositionOfCommittees1245001652024-12-31CompositionOfCommittees1245001652024-12-31MeetingOfBoardOfDirectors15001652024-10-012024-12-31MeetingOfBoardOfDirectors15001652024-12-31MeetingOfBoardOfDirectors25001652024-10-012024-12-31MeetingOfBoardOfDirectors25001652024-10-012024-12-31MeetingOfCommittees15001652024-12-31MeetingOfCommittees15001652024-10-012024-12-31MeetingOfCommittees25001652024-12-31MeetingOfCommittees25001652024-10-012024-12-31MeetingOfCommittees35001652024-12-31MeetingOfCommittees35001652024-10-012024-12-31MeetingOfCommittees45001652024-12-31MeetingOfCommittees45001652024-10-012024-12-31MeetingOfCommittees55001652024-12-31MeetingOfCommittees55001652024-09-305001652024-12-31ImpositionOfFineOrPenaltyDomain15001652024-12-31ImpositionOfFineOrPenaltyDomain25001652024-12-31ImpositionOfFineOrPenaltyDomain35001652024-12-31ImpositionOfFineOrPenaltyDomain45001652024-12-31OngoingTaxLitigationsOrDisputesDomain15001652024-12-31OngoingTaxLitigationsOrDisputesDomain25001652024-12-31OngoingTaxLitigationsOrDisputesDomain35001652024-12-31OngoingTaxLitigationsOrDisputesDomain4xbrli:pure500165KANSAINERNOTLISTEDINE531A01024Kansai Nerolac Paints Limited2024-04-012025-03-31Quarterly2024-12-31EquitytruetruefalseThere was no acquisition of shares / voting rights in any unlisted company during the quarter ended 31st December, 2024. truetrueTop 500 listed entitiestruek00054Original1. In terms of the circular bearing Ref. No. SEBI/HO/CFD/CMD1/CIR/P/2019/78 dated 16th July, 2019 issued by the Securities and Exchange Board of India (SEBI), the tenure is provided only for the Independent Directors. Further, in line with the guidelines provided vide the FAQs issued by National Stock Exchange of India Limited (NSE), the tenure counted is from the date of initial appointment after enactment of Companies Act, 2013 till the end of the quarter i.e. 31st December , 2024. Mr. Pradip Shah was appointed as Independent Director of the Company with effect from 30th January, 2015, pursuant to Section 149 of the Companies Act, 2013 read with General Circular No. 14/2014 dated 9th June, 2014 issued by the Ministry of Corporate Affairs and the same date is considered as his initial date of appointment in the present capacity. 2. Directorships only in the Listed Public Companies whose Equity Shares are listed have been taken into consideration while computing the No. of Directorship in listed entities including this listed entity and No. of Independent Directorship in listed entities including this listed entity. 3. In terms of the provisions of Regulation 26(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, committee memberships/ chairmanships in committees of the Board(s) of all Public Companies, whether listed or not, have been taken into consideration while computing No. of memberships in Audit/ Stakeholder Committee(s) including this listed entity and No. of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity. Also, the no. of memberships in committees includes number of chairmanships. No. of chairpersonships is also provided separately. 4. Mr. Pradip Shah has been re-appointed as an Independent Director of the Company with effect from 30th January, 2020, for a term of 5 years vide a Special Resolution passed by the Shareholders at the 100th Annual General Meeting of the Company held on 22nd June, 2020. 5. Mr. Anuj Jain has been appointed as Managing Director of the Company with effect from 1st April, 2022, for a term of 5 years vide an Ordinary Resolution passed by the Shareholders at the 102nd Annual General Meeting of the Company held on 23rd June, 2022. Prior to this, he was appointed as an Executive Director of the Company from 1st April, 2018 up to and including 31st March, 2022. 6. Mr. H. Nishibayashi has been reappointed as Non-Executive Director of the Company with effect from 26th June, 2023 at the 103rd Annual General Meeting of the Company held on 26th June, 2023. 7. Ms. Sonia Singh has been re-appointed as an Independent Director of the Company with effect from 29th July, 2022, for a term of 5 years by the Shareholders at the 102nd Annual General Meeting of the Company held on 23rd June, 2022. 8. Mr. Bhaskar Bhat has been appointed as an Independent Director of the Company with effect from 10th August, 2022, for a term of 5 years. His appointment has been approved by the shareholders of the Company via postal ballot. The results of the postal ballot were declared on 27th October, 2022. 9. Since Mr. H. Nishibayashi and Mr. T. Tomioka, are foreign citizens, they do not hold a PAN. 10. Mr. Pravin Digambar Chaudhari, vide an Ordinary Resolution passed by the Shareholders at the 103rd Annual General Meeting of the Company held on 26th June, 2023, has been appointed as a Non-Executive Director with effect from 26th June, 2023, liable to retire by rotation. 11. Mr. T. Tomioka has been reappointed as Non-Executive Director of the Company with effect from 28th June, 2024 at the 104th Annual General Meeting of the Company held on 28th June, 2024. 12. Mr. Hirokazu Kotera has been appointed as an Executive Director of the Company with effect from 1st August, 2024, for a term of 3 years and is liable to retire by rotation. His appointment has been approved by the shareholders of the Company via postal ballot. The results of the postal ballot were declared on 26th September, 2024. 13. Mr. Uday Bhansali has been appointed as an Independent Director of the Company with effect from 6th November, 2024, for a term of 5 years. His appointment has been approved by the shareholders of the Company via postal ballot. The results of the postal ballot were declared on 9th January, 2025. truefalseMrPradip Shah00066242Non-Executive - Independent DirectorChairperson1953-01-07falseActiveNA2015-01-302020-01-30119.025373MrAnuj Jain08091524Executive DirectorNot ApplicableCEO-MD1969-06-17falseActiveNA2022-04-012022-04-011010MrH. Nishibayashi03169150Non-Executive - Non Independent DirectorNot Applicable1963-05-31falseActiveNA2019-07-292023-06-261000Since Mr. H. Nishibayashi is a foreign citizen, he does not hold PAN.MsSonia Singh07108778Non-Executive - Independent DirectorNot Applicable1964-09-05falseActiveNA2019-07-292022-07-2965.034452MrT. Tomioka08736654Non-Executive - Non Independent DirectorNot Applicable1972-05-22falseActiveNA2020-05-072024-06-281000Since Mr. T. Tomioka is a foreign citizen, he does not hold a PAN.MrBhaskar Bhat00148778Non-Executive - Independent DirectorNot Applicable1954-08-29falseActiveNA2022-08-102022-08-1028.221110MrPravin Chaudhari02171823Non-Executive - Non Independent DirectorNot Applicable1968-05-17falseActiveNA2023-06-262023-06-261000MrHirokazu Kotera10707431Executive DirectorNot Applicable1981-12-12falseActiveNA2024-08-012024-08-011000MrUday Bhansali00363902Non-Executive - Independent DirectorNot Applicable1961-09-03falseActiveNA2024-11-062024-11-061.262200truetruetruetruetrueAudit Committee00066242Pradip ShahNon-Executive - Independent DirectorChairperson2015-01-30Mr. Pradip Shah was appointed as Independent Director of the Company with effect from30th January, 2015, pursuant to Section 149 of the Companies Act, 2013 read with General Circular No. 14/2014 dated 9th June, 2014 issued by the Ministry of Corporate Affairs and the same date is considered as his initial date of appointment in the present capacity. Date of appointment in the Committee is considered with effect frombeing appointed as an independent director of the Company. Audit Committee07108778Sonia SinghNon-Executive - Independent DirectorMember2019-07-29Audit Committee00148778Bhaskar BhatNon-Executive - Independent DirectorMember2022-08-10Nomination and remuneration committee00148778Bhaskar BhatNon-Executive - Independent DirectorChairperson2022-08-10Nomination and remuneration committee00066242Pradip ShahNon-Executive - Independent DirectorMember2015-01-30Mr. Pradip Shah was appointed as Independent Director of the Company with effect from 30th January, 2015, pursuant to Section 149 of the Companies Act, 2013 read with General Circular No. 14/2014 dated 9th June, 2014 issued by the Ministry of Corporate Affairs and the same date is considered as his initial date of appointment in the present capacity. Date of appointment in the Committee is considered with effect from being appointed as an independent director of the Company.Nomination and remuneration committee07108778Sonia SinghNon-Executive - Independent DirectorMember2019-07-29Nomination and remuneration committee03169150H. NishibayashiNon-Executive - Non Independent DirectorMember2022-04-01Stakeholders Relationship Committee07108778Sonia SinghNon-Executive - Independent DirectorChairperson2019-07-29Stakeholders Relationship Committee00066242Pradip ShahNon-Executive - Independent DirectorMember2022-04-01Stakeholders Relationship Committee08091524Anuj JainExecutive DirectorMember2018-04-01Mr. Anuj Jain was appointed as an Executive Director of the Company from 1st April, 2018 up to and including 31st March, 2022. On 1st April, 2018, Mr. Jain was also appointed as a member of the Stakeholders Relationship Committee and he continues to hold this Committee position. Thereafter, Mr. Anuj Jain has been appointed as Managing Director of the Company with effect from 1st April, 2022, for a term of 5 years and the same date is considered as his initial date of appointment as Managing Director.Risk Management Committee00066242Pradip ShahNon-Executive - Independent DirectorChairperson2022-04-01Risk Management Committee08091524Anuj JainExecutive DirectorMember2019-01-29Mr. Anuj Jain was appointed as an Executive Director of the Company from 1st April, 2018 up to and including 31st March, 2022. On 29th January, 2019, Mr. Jain was also appointed as a member of the Risk Management Committee and he continues to hold this Committee position. Thereafter, Mr. Anuj Jain has been appointed as Managing Director of the Company with effect from 1st April, 2022, for a term of 5 years and the same date is considered as his initial date of appointment as Managing Director.Risk Management Committee07108778Sonia SinghNon-Executive - Independent DirectorMember2021-05-05Risk Management Committee99999999Jason Simon GonsalvesDirector-Corporate Planning, IT and MaterialsMember2019-01-29Mr. Jason Simon Gonsalves is not Director on the Board of Directors of the Company and hence, the DIN is not provided.Risk Management Committee99999999Prashant PaiDirector - Finance, Chief Financial OfficerMember2021-05-05Mr. Prashant Pai is not Director on the Board of Directors of the Company and hence, the DIN is not provided.Corporate Social Responsibility Committee07108778Sonia SinghNon-Executive - Independent DirectorChairperson2022-04-01Corporate Social Responsibility Committee08091524Anuj JainExecutive DirectorMember2018-04-01Mr. Anuj Jain was appointed as an Executive Director of the Company from 1st April, 2018 up to and including 31st March, 2022. On 1st April, 2018, Mr. Jain was also appointed as a member of the Corporate Social Responsibility Committee and he continues to hold this Committee position. Thereafter, Mr. Anuj Jain has been appointed as Managing Director of the Company with effect from 1st April, 2022, for a term of 5 years and the same date is considered as his initial date of appointment as Managing Director.Corporate Social Responsibility Committee00148778Bhaskar BhatNon-Executive - Independent DirectorMember2022-08-102024-07-29true7732024-11-0699true994Corporate Social Responsibility Committee2024-11-25true3320Nomination and remuneration committee2024-07-29true4430Nomination and remuneration committee2024-11-0699true4430Audit Committee2024-07-29true3330Audit Committee2024-11-0699true3330truetruetruetrueYestruetruefalseSince this intergrated filing (Governance) report for the quarter ended 31st December 2024 is being submitted for the first time pursuant to the amendment to the SEBI Listing Regulations. It will be placed in the ensuing board meeting. G.T.GovindarajanCompany Secretary and Compliance OfficerfalseG. T. GovindarajanCompany Secretary and Compliance OfficerMumbai2025-01-3000000Assistant Commissioner (Local Body Tax)Order is passed u/r. 33(11) of Mira Bhayander Municipal Corporation Local Body Tax Rules imposing penalty of Rs. 24,0002024-12-31A demand has arisen on account of alleged short payment of tax during FY 2014-15. The Company discharged the laibility against the said order.There is no material impact on financials, operations or other activities of the Company.Assistant Commissioner (Local Body Tax)Order is passed u/r. 33(11) of Mira Bhayander Municipal Corporation Local Body Tax Rules imposing penalty of Rs. 7,6002024-12-31A demand has arisen on account of additional liability during FY 2015-16. The Company discharged the laibility against the said order.There is no material impact on financials, operations or other activities of the Company.National Stock Exchange of India LimitedFine of Rs. 5000 plus GST imposed by NSE under SEBI Act, 1992 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.2024-12-13Disclosure of Related Party Transactions under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for half year ended 30th September, 2024 was filed with BSE on the same evening of the Board meeting i.e. on 6th November, 2024 which is within statutory timeline. However, the said disclosure got filed with NSE on the next morning which has been considered as a delayed filing by the NSE and a fine of Rs. 5000 plus GST was levied by NSE.There is no material impact on financials, operations or other activities of the Company.Senior Inspector, Legal Metrology DepartmentCompounding fees of Rs. 1 Lakh levied under the Legal Metrology (Packaged Commodity) Rules, 20112024-12-27Inadvertent voilation under the Legal Metrology (Packaged Commodity) Rules, 2011.There is no material impact on financials, operations or other activities of the Company.Centralised Processing Centre, Income-tax Department ("CPC")2022-01-28The Company had filed an appeal before the Commissioner of Income-tax (Appeals) (CIT(A)) against the intimation send under section 143(1) showing demand on the Company for alledged delay in filing of Form 10IC for claiming concessional rate of tax under Section 115BAA. The Company has provided the relevant documents during the course of hearing before the CIT(A) showing that Form 10IC was filed within the due date and submitted that the Company is eligbile for the concessional rate of tax under section 115BAA. The order of CIT(A) was awaited.The Jurisdictional Assessing Officer addressed the issue in the Assessment Order passed under Section 143(3) subsequent to filing of appeal with the CIT(A) by the Company and assessed the income at the concessional rate under Section 115BAA. In view of the same, the appeal filed by the Company with the CIT(A) was dismissed as infructuous by the CIT(A).Deputy Commissioner of GST2023-08-14A demand was raised during the financial year 2022-23 on account of discrepancy between Input Tax Credit (“ITC”) claimed by the Company in GSTR 3B and data appearing in GSTR 2A for FY 2017-18. FY 2017-18 was the first year of implementation of GST, the data fetched in GSTR 2A on GST portal was not accurate and complete. The Company has relevant records to prove its claim for ITC.The Company has filed an appeal and personal hearing is awaited.Centralised Processing Centre, Income-tax Department ("CPC")2024-03-18The Company had filed an application under Section 154 for rectification of mistake in the intimation send under section 143(1) showing demand on the Company for alleged inconsistency between ICDS adjustments as per return of income and tax audit report.The Jurisdictional Assessing Officer addressed the issue in the Assessment Order passed under section 143(3) subsequent to filing of application under Section 154 by the Company. The Assessing Officer has rectified the mistakes in the Assessment order and the case has been closed.Goods and Services Tax Officer2024-05-14Order under Section 73(9) of Central Goods and Service Tax Act, 2017 has been received showing demand on account of alleged short payment of GST on the turnover declared in GSTR-9 and wrong availment of Input Tax Credit for FY 2018-19 for the State of New Delhi. The order has been passed based on wrong understanding of the facts and records and is an error apparent on the face of the record. The Company has already paid adequate and appropriate taxes, as required, and the same is reflected in the GST returns filed during FY 2018-19. The Company has relevant records to prove its claims. The Company is in the process of filing application for rectification of order/appeal.The Company has filed an appeal and personal hearing is awaited.