Kansai Nerolac Paints Limited
ICICI Prudential Mutual Fund, which previously held 1.06 percent of Kansai Nerolac Paints Limited, is no longer listed among its public shareholders, indicating either a complete exit or a reduction in its stake below the 1 percent disclosure threshold.
A leading paint manufacturer in India, Kansai Nerolac produces decorative and industrial coatings for diverse applications across multiple sectors. The company specializes in industrial coatings, serving construction, automotive, infrastructure, and marine industries with tailored solutions. Operating since 1920, it maintains a strong national presence with manufacturing facilities and distribution networks, focusing on quality formulations and customer-specific coating requirements.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.