Kansai Nerolac Paints — M&A Activity 2021

Oct 21, 2021

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21st October, 2021

1. Corporate Relationship Department 2. Manager – Listing BSE Limited, National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001. Mumbai - 400 051

Sub.: Sanction of Scheme of Merger by Absorption of wholly-owned subsidiaries, Marpol Private Limited and Perma Construction Aids Private Limited (collectively referred as “Transferor Companies”), with Kansai Nerolac Paints Limited (“the Company”), by the Hon’ble National Company Law Tribunal

• Ref.: 1. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

• 2. Scrip Codes: BSE - 500165, NSE - KANSAINER

Dear Sirs,

This is in furtherance of intimations dated 2nd May, 2019, 29th July, 2019, 17th December, 2019, 29th September, 2020 and 20th October, 2020 on the subject. We wish to inform you that the Hon'ble National Company Law Tribunal, Mumbai Bench and Ahmedabad Bench have approved the Scheme of Merger by Absorption of Marpol Private Limited (“Transferor Company No. 1”) and Perma Construction Aids Private Limited (“Transferor Company No. 2”), wholly-owned subsidiaries of the Company, with the Company, under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and rules made thereunder.

The certified copy of the Orders of the Hon'ble National Company Law Tribunal, Mumbai Bench and Ahmedabad Bench along with the Scheme have been filed by the Company and the Transferor Companies with the concerned Registrar of Companies today, 21st October, 2021. Hence the merger is now considered as effective, pursuant to the Order of Hon’ble National Company Law Tribunal, Mumbai Bench. The copy of the said Orders along with the Scheme of Amalgamation is enclosed herewith.

Since the said Scheme of Amalgamation is effective now, the Authorised Share Capital of Rs. 5,00,00,000 of the Transferor Company No. 1 and Rs. 1,50,00,000 of the Transferor Company No. 2 will be merged with that of the Company and the revised Authorised Share Capital of the Company will stand increased from Rs.60,00,00,000 (Rupees Sixty Crores) to Rs. 66,50,00,000 (Rupees Sixty Six Crores Fifty Lakhs) and no separate procedure shall be followed under the Companies Act, 2013 and rules made thereunder as directed by the National Company Law Tribunal, Mumbai Bench.

Kindly take the same on record.

For KANSAI NEROLAC PAINTS LIMITED

G T Digitally signed by G T GOVINDA GOVINDARAJAN Date: 2021.10.21 RAJAN 14:29:33 +05'30' G. T. GOVINDARAJAN COMPANY SECRETARY

Encl.: As above

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