KANSAINER

- Audio recording of Q2 FY 2026-27 Financial Results Conference Call held on November 5, 2026, has been made available on the company website. - Transcript of the conference call will be shared with the Stock Exchanges and uploaded in due course.

- Kansai Nerolac Paints Limited received an order from the Assistant Commissioner, Central GST & CEX, Raipur, under Section 74 of the CGST Act, 2017. - A penalty of ₹66,70,686 has been imposed due to partial disallowance of Input Tax Credit for FY 2020-21 to 2023-24. - The company stated the order is based on a wrong understanding of facts, holds relevant records, and is in the process of filing an appeal. - The company confirmed there is no material impact on financials, operations, or other activities.

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- Kansai Nerolac Paints Limited has updated details of Key Managerial Personnel authorized for determining materiality of events and making disclosures under Regulation 30(5). - Effective from 1st December, 2026, authorized KMPs include Mr. Pravin D. Chaudhari (Managing Director), Mr. Yash Ahuja (CFO), and Ms. Rukmini Subramanian (Company Secretary).

Q2 FY27 Consolidated Revenue ₹2,317.38Cr vs ₹1,954.18Cr (▲18.6% YoY) EBITDA ₹224.09Cr vs ₹217.26Cr (▲3.1% YoY) PAT ₹143.99Cr vs ₹133.31Cr (▲8.0% YoY) EBITDA Margin 9.67% vs 11.12% (▼145bps)

- Mr. G. T. Govindarajan has retired as the Company Secretary and Compliance Officer effective from the close of business on 30th November, 2026, after an association of around 37 years. - Ms. Rukmini Subramanian has been appointed as the new Company Secretary, Compliance Officer, and Nodal Officer effective from 1st December, 2026.

- Mr. G. T. Govindarajan will retire as Company Secretary and Compliance Officer effective from the close of business on 30th November, 2026, after 37 years of service. - Ms. Rukmini Subramanian has been appointed as the new Company Secretary and Compliance Officer effective from 1st December, 2026. - Ms. Subramanian will also take over as the Nodal Officer from the same date.

- Mr. G. T. Govindarajan will retire as Company Secretary and Compliance Officer effective from the close of business on 30th November, 2026, after 37 years of service. - Ms. Rukmini Subramanian has been appointed as the new Company Secretary, Compliance Officer, and Nodal Officer effective from 1st December, 2026.

Q2 FY27 Consolidated Revenue ₹2,317.38Cr vs ₹1,954.18Cr (▲18.6% YoY) EBITDA ₹224.09Cr vs ₹217.26Cr (▲3.1% YoY) PAT ₹143.99Cr vs ₹133.31Cr (▲8.0% YoY) EBITDA Margin 9.67% vs 11.12% (▼145bps)

Concall Schedule Concall Date: Thursday, November 5, 2026 Concall Time: 16:00 hrs India Time

- Kansai Nerolac Paints Limited has approved the allotment of 22,971 equity shares of face value Re. 1 each. - The shares are allotted pursuant to the exercise of Restricted Stock Units (RSUs) under the RSU Plan 2022. - Total issued share capital after this issue stands at Rs. 80,88,77,551.

- Kansai Nerolac Paints Limited received an order from the National Company Law Tribunal (NCLT), Mumbai Bench on September 24, 2026, sanctioning the Scheme of Amalgamation of Nerofix Private Limited (wholly owned subsidiary) with Kansai Nerolac Paints Limited. - The Appointed Date for the amalgamation is April 1, 2025. - No new shares will be issued as consideration since Nerofix is a wholly owned subsidiary and its entire share capital will be cancelled upon the scheme becoming effective.

- Board Meeting scheduled on 4th November, 2026, to consider Q2/H1 unaudited standalone and consolidated financial results. - Trading Window will remain closed from 1st October, 2026 to 6th November, 2026 for designated persons.

- Kansai Nerolac Paints Limited has announced the allotment of 75,801 equity shares of face value Re. 1 each. - The shares are allotted pursuant to the exercise of Restricted Stock Units (RSUs) under the RSU Plan 2022. - Total issued share capital increases to Rs. 80,88,54,580 comprising 80,88,54,580 equity shares.

- Kansai Nerolac received an order providing partial relief, reducing a penalty to ₹1,45,58,104/- related to FY 2017-18 ITC disallowance. The company states no material impact on financials/operations and will appeal further.

- Q1 FY27 Consolidated Net Revenue growth of 9.8%, PBDIT growth of 8.3%, and PBT growth of 5.8%. - Decorative segment achieved high-single digit value growth, with volume growth in low-single digits due to a strategic focus on premium products. - Industrial coatings business registered double-digit growth. - Planned capital expenditure of ₹601 crores over 2-2.5 years for capacity expansion in automotive, powder coating, and resin. - Company aims to maintain margins of 13-14% for FY27, with a mid-term target of achieving higher than 14% within 2-3 years. - Pricing growth in Q1 was 4-5% consolidated; anticipates additional 3% for decorative and 3-5% for industrial in Q2. - Acknowledges challenges from significant oil price increases, rupee depreciation, and geopolitical conflicts, but expects to manage through internal efficiencies.

- Audio recording of the Q1 FY 2026-27 Financial Results conference call held on August 3, 2026, is now available on the company's website. - The transcript will be shared and uploaded in due course.

- Kansai Nerolac approved ₹601 Cr capacity additions for Industrial Paints (4,275 KL/month), Powder Coating (1,215 MT/month), and Industrial Resins (815 MT/month). - Across Sayakha, Bawal, and Hosur plants, funded by internal cash, targeting FY28-29 completion, driven by market growth.

- Consolidated Revenue ₹2373.59Cr vs ₹2162.03Cr (▲9.8% YoY) - EBITDA ₹383.31Cr vs ₹355.76Cr (▲7.7% YoY) - PAT ₹228.41Cr vs ₹215.59Cr (▲5.9% YoY) - EBITDA Margin 16.15% vs 16.45% (▼30bps)

- Consolidated Revenue ₹2,373.59Cr vs ₹2,162.03Cr (▲9.8% YoY) - EBITDA ₹328.37Cr vs ₹303.15Cr (▲8.3% YoY) - PAT ₹228.41Cr vs ₹215.59Cr (▲5.9% YoY) - EBITDA Margin 13.8% vs 14.0% (▼19bps)