Untitled Document

Shareholders

In February 2000, Kansai Paint Co. Ltd., Japan, the Company's foreign collaborator and one of the Promoters of the Company, acquired 43,71,152 shares amounting to 28.56% of the paid-up Share Capital of the Company from Forbes Gokak Ltd. and their associates, the other Promoter of the Company, at a price of Rs.250 per share. With this acquisition Kansai Paint Co., Japan, was now holding 64.52% of the paid up share capital of the Company. Share holding increased to 66.41%, post the merger of Polycoat Powders Ltd., a wholly owned subsidiary of Kansai Paint Co., Japan, with Kansai Nerolac Paints Limited.

The coatings industry globally, like several other industries, is in the process of consolidation. The process of consolidation is intended to help companies meet increasingly challenging customer requirements by constantly updating technology, striving for greater efficiency in operations and ensuring worldwide servicing capabilities.

World over, units are moving with associates/affiliates/parent bodies with core competence as their prime objective. The acquisition by Kansai of the shareholding of Forbes Gokak Ltd. and their associates in your Company is in furtherance thereof.

Amendments to Clause 35

III (a) Statement showing the voting pattern of shareholders, if more than one class of shares/securities is issued by the issuer. (Give description of voting rights for each class of security Class X, Class Y, Class Z)

Category code	Category of shareholder	Number of Voting Rights held in each class of securities			Total Voting Rights	Total Voting Rights (VI)
		Class X	Class Y	Class Z	(III + IV + V)	As a % of (A+B)	As a % of (A+B+C)
(I)	(II)	(III)	(IV)	(V)	(VI)	(VII)	(VIII)
(A)	Promoter and Promoter Group
(1)	Indian
(a)	Individuals/Hindu Undivided Family
(b)	Central/State Government(s)
(c)	Bodies Corporate
(d)	Financial Institutions/Banks
(e)	Any Other (specify)
	Sub-Total (A) (1)	N.A	N.A	N.A	N.A	N.A	N.A
(2)	Foreign
(a)	Individuals (Non Resident/Foreign)
(b)	Bodies Corporate
(c)	Institutions
(d)	Any Other (specify)
	Sub-Total (A) (2)	N.A	N.A	N.A	N.A	N.A	N.A
	Total Shareholding of Promoter and Promoter Group (A)=(A) (1) + (A) (2)
(B)	Public Shareholding
(1)	Institutions
(a)	Mutual Funds/UTI
(b)	Financial Institutions/Banks
(c)	Central/State Government(s)
(d)	Venture Capital Funds
(e)	Insurance Companies
(f)	Foreign Institutional Investors
(g)	Foreign Venture Capital Investors
(h)	Any Other (specify)
	Sub-Total (B) (1)	N.A	N.A	N.A	N.A	N.A	N.A
(2)	Non Institutions
(a)	Bodies Corporate
(b)	Individuals
i	Individual shareholders holding nominal share capital upto Rs. 1 lakh
ii	Individual shareholders holding nominal share capital in excess of Rs. 1 lakh
(c)	Any Other (specify)
	Sub-Total (B) (2)	N.A	N.A	N.A	N.A	N.A	N.A
	Total (A) + (B)	N.A	N.A	N.A	N.A	N.A	N.A
(C)	Shares held by Custodians and against which Depository Receipts have been issued
	GRAND TOTAL ( A )+( B ) + ( C )	N.A	N.A	N.A	N.A	N.A	N.A
*Not applicable as the Company has only one class of Securities,viz,Equity Shares of the face value of Rs. 10each. All the Equity Shares issued and paid-up rank in rights. The voting power of each Shareholder varies with the number of equity shares held by the Shareholder.

Annexure A

KANSAI NEROLAC PAINTS LIMITED
SHAREHOLDING PATTERN AS ON 31.03.2012

Scrip Code : 500165 Name of Scrip : KANSAINER Class of Security : Equity Quarter Ended : 31.12.2011

(I) (a) Statement showing Shareholding Pattern as on 31.12.2011

Category Code	Partly paid up shares	Number of partly paid up shares	As a % of total number of partly paid up shares	As a % of total number of shares of the Company
	Held by Promoter/Promoter group
	Held by Public
	Total	0	0.00	0.00

	Outstanding Convertible Securities	Number of outstanding Securities	As a % of total No. of outstanding Con. Securities	As a % of total No. of shares of the Company, assuming full conversion of the Securities
	Held by Promoter/Promoter group
	Held by Public
	Total	0	0.00	0.00

	Warrants	Number of warrants	As a % of total number of warrants	As a % of total number of shares of the Company assuming full conversion of warrants
	Held by Promoter/Promoter group
	Held by Public
	Total	0	0.00	0.00
Total paid up capital of the Company, assuming full conversion of warrants and convertible securities

Category Code	Category Of Shareholders	No. of Shareholders	Total No. of shares	No. of shares held in demated form	Total shareholding as a percentage of total number of shares		Shares pledged or otherwise encumbered
					As a Percentage of (A+B)	As a Percentage of (A+B+C)	Number of Shares	As a Percentage
( I )	( II )	( III )	( IV )	( V )	( VI )	( VII )	( VIII )	(IX)=(VIII)/(IV)*100
A	Shareholding of Promoter and Promoter Group2
1	Indian
(a)	Individuals/H.U.F
(b)	Cental/State Government(s)
(c)	Bodies Corporate
(d)	Financial Institutions/Banks
(e)	Any Other (specify)
	SUB TOTAL (A) (1)	0	0	0	0.00	0.00
2	Foreign
(a)	Non Resident Individuals/Foreign Nationals
(b)	Bodies Corporate	1	3,73,29,760	3,73,29,760	69.27	69.27
(c)	Institutions
(d)	Any Other (specify)
	SUB TOTAL (A) (2)	1	3,73,29,760	3,73,29,760	69.27	69.27	N.A	N.A
	Total Shareholding of Promoter and Promoter Group (A) = (A)(1) + (A)(2)	1	3,73,29,760	3,73,29,760	69.27	69.27	N.A	N.A
(B)	Public Shareholding3
1	Institutions
(a)	Mutual Funds/UTI	8	1,97,741	1,96,343	0.37	0.37
(b)	Financial Institutions/ Banks	2	950	750	0.00	0.00
(c)	Central Government/ State Government(s)
(d)	Venture Capital Fund
(e)	Insurance Companies	4	23,11,890	23,11,890	4.29	4.29
(f)	Foreign Institutional Investors	17	35,40,761	35,40,595	6.57	6.57
(g)	Foreign Venture Capital Investors
	Sub-Total(B) (1)	31	60,51,342	60,49,578	11.23	11.23
2	Non- Institutions
(a)	Bodies Corporate	225	58,80,088	58,74,718	10.91	10.91
(b)	Individuals
	i) Holding nominal share capital upto Rs. 1 lakh	8852	37,32,901	29,86,980	6.93	6.93
	ii) Holding nominal share capital in excess of Rs. 1 lakh	42	8,16,025	7,85,741	1.51	1.51
(c)	Any Other(specify)
	Overseas Corporate Bodies
i	Non Resident Repartriates	130	33,109	32,857	0.06	0.06
ii	Non Resident Non Repartriates	59	42,797	40,529	0.08	0.08
iii	Trust	5	5,950	5,950	0.01	0.01

	Sub-Total(B) (2)	9,314	1,05,10,870	97,26,775	19.50	19.50
	Total Public Shareholding (B)=(B)(1)+(B)(2)	9,345	1,65,62,212	15,776,353	30.73	30.73
	Total (A)+(B)	9,346	5,38,91,972	53,106,113	100.0	100.0
(c)	Shares held by Custodians and against which Depository Receipts have been issued
1	Promoter and Promoter Group
2	Public
	GRAND TOTAL (A)+(B)+( C)	9,346	5,38,91,972	53,106,113	100.0	100.0

Sr.No.	Name of the shareholder	Total shares held		Shares pledged or otherwise encumbered
(1) (b) Statement showing shareholding of persons belonging to the category "Promoter and Promoter Group"
		Number	As a % of grand total (A)+(B)+(C)	Number	*As a Percentage (VI) =(V)/(III)100**	As a % of grand total (A)+(B)+(C) OF SUB-Clause (I) (a)
1	KANSAI PAINTS COMPANY LTD	3,73,29,760	69.27
	TOTAL	3,73,29,760	69.27

(1) (c)(i) Statement showing shareholding of persons belonging to the category "Public" and holding more than 1% of the total number of shares

Sr.No.

Name of the shareholder

No. of shares

Shares as percentage of total no. of shares {i.e.Grand Total(A)+(B)+C) indicated in statement at para(1)(a) above}

ICICI PRUDENTIAL LIFE INSURANCE CO.LTD.

4,123,263

7.65

ABERDEEN ASSET MANAGEMENT ASIA LTD

28,81,224

5.35

BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD

14,52,085

2.69

THE ORIENTAL INSURANCE COMPANY LIMITED

10,29,714

1.91

THE NEW INDIA ASSURANCE COMPANY LIMITED

7,31,577

1.91

TOTAL

1,02,17,863

18.96

(1) (c) (ii) Statement showing holding of securities (including shares, warrants, convertible securities) of persons (together with PAC) belonging to the category “Public” and holding more than 5% of the total number of shares of the company.

Sr.No.

Name of the shareholder

No. of shares

Shares as percentage of total no. of shares {i.e.Grand Total(A)+(B)+C) indicated in statement at para(1)(a) above}

ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD

4,123,263

7.65

ABERDEEN ASSET MANAGEMENT ASIA LTD

28,81,224

5.35

TOTAL

70,04,487

13.00

(1) (d) Statement showing details of locked in shares

Name of shareholder

Category of shareholders (Promoters/public)

No. of locked-in shares

Locked-in shares as percentage of total no. of shares {i.e.Grand Total(A)+(B)+C) indicated in statement at para(1)(a) above}

TOTAL

N.A

(II) (a) Statement showing details of Depository Receipts (DRS)

(1) (d) Statement showing details of locked in shares

Name of shareholder

Category of shareholders (Promoters/public)

No. of locked-in shares

Locked-in shares as percentage of total no. of shares {i.e.Grand Total(A)+(B)+C) indicated in statement at para(1)(a) above}

TOTAL

N.A

(II) (a) Statement showing details of Depository Receipts (DRS)

Sr. No.

Type of outstanding Dr(ADRs, GDRs, SDRs, etc)

No. of shares

No. of shares underlying outstanding DRs

Shares underlying outstanding DRs as a percentage of total no. of shares {I.e. Grand Total (A)+(B)+C) indicated in Statement at para (1)(a)above}

TOTAL

N.A

(II) (b) Statement showing holding of Depository Receipts (DRs) where underlying shares are in excess of 1% of the total no.of shares

Name of the DR Holder

Type of outstanding DR(ADRs, GDRs, SDRs, etc.)

No. of shares underlying outstanding DRs.

Shares underlying outstanding DRs as a percentage of total no. of shares {I.e. Grand Total (A)+(B)+C) indicated in Statement at para (1)(a)above}

TOTAL

N.A

Financials

Shareholders

Amendments to Clause 35