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Kansai Nerolac Paints: Difference between revisions
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'''Kansai Nerolac Paints Limited''' ({{BSE|500165}}, {{nse|KANSAINER}}) (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in [[Mumbai]].<ref>{{cite web |url=http://mintmoney.livemint.com/mark-to-market/2010/07/paint-industry-smells-a-huge-opportunity-in-economic-growth/ |title=Paint industry smells a huge opportunity in economic growth | Mint Money |publisher=Mintmoney.livemint.com |date=7 July 2010 |accessdate=2010-09-26 }}{{Dead link|date=February 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite web|url=http://www.nerolac.com/about |title=About | Kansai Nerolac Paints Limited |publisher=Nerolac.com |date= |accessdate=2010-09-26}}</ref><ref>{{cite web|url=http://www.hindustantimes.com/Nerolac-Paints-to-invest-Rs-400-cr-on-expansion/Article1-540153.aspx |title=Nerolac Paints to invest Rs 400 cr on expansion |publisher=Hindustan Times |date=6 May 2010 |accessdate=2010-09-26}}</ref> | '''Kansai Nerolac Paints Limited''' ({{BSE|500165}}, {{nse|KANSAINER}}) (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in [[Mumbai]].<ref>{{cite web |url=http://mintmoney.livemint.com/mark-to-market/2010/07/paint-industry-smells-a-huge-opportunity-in-economic-growth/ |title=Paint industry smells a huge opportunity in economic growth | Mint Money |publisher=Mintmoney.livemint.com |date=7 July 2010 |accessdate=2010-09-26 }}{{Dead link|date=February 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite web|url=http://www.nerolac.com/about |title=About | Kansai Nerolac Paints Limited |publisher=Nerolac.com |date= |accessdate=2010-09-26}}</ref><ref>{{cite web|url=http://www.hindustantimes.com/Nerolac-Paints-to-invest-Rs-400-cr-on-expansion/Article1-540153.aspx |archive-url=https://web.archive.org/web/20100524063828/http://www.hindustantimes.com/Nerolac-Paints-to-invest-Rs-400-cr-on-expansion/Article1-540153.aspx |url-status=dead |archive-date=24 May 2010 |title=Nerolac Paints to invest Rs 400 cr on expansion |publisher=Hindustan Times |date=6 May 2010 |accessdate=2010-09-26}}</ref> | ||
It is a subsidiary of [[Kansai Paint]] of Japan.<ref>{{cite web |url=http://www.kansai.co.jp/global_site/corporate_profile/02_5.html#INDIA |title=Overseas network |publisher=[[Kansai Paint]] |accessdate=2015-02-27 |archive-url=https://web.archive.org/web/20160310044929/http://www.kansai.co.jp/global_site/corporate_profile/02_5.html#INDIA |archive-date=10 March 2016 |url-status=dead }}</ref> As of 2015, it has the third largest market share with 15.4% in the Indian paint industry.<ref name="CMR">{{cite web |url=http://cmrindia.com/external/reports/CMR_Paints_Study_IMG%20Report%202016.pdf |title=CMR's India Paints Report 2016 - CyberMedia Research-CMR |newspaper=cmrindia.com |accessdate=8 November 2016 |archive-url=https://web.archive.org/web/20161112161207/http://cmrindia.com/external/reports/CMR_Paints_Study_IMG%20Report%202016.pdf |archive-date=12 November 2016 |url-status=dead }}</ref> It is engaged in the industrial, automotive and powder coating business. It develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers and furniture industries. | It is a subsidiary of [[Kansai Paint]] of Japan.<ref>{{cite web |url=http://www.kansai.co.jp/global_site/corporate_profile/02_5.html#INDIA |title=Overseas network |publisher=[[Kansai Paint]] |accessdate=2015-02-27 |archive-url=https://web.archive.org/web/20160310044929/http://www.kansai.co.jp/global_site/corporate_profile/02_5.html#INDIA |archive-date=10 March 2016 |url-status=dead }}</ref> As of 2015, it has the third largest market share with 15.4% in the Indian paint industry.<ref name="CMR">{{cite web |url=http://cmrindia.com/external/reports/CMR_Paints_Study_IMG%20Report%202016.pdf |title=CMR's India Paints Report 2016 - CyberMedia Research-CMR |newspaper=cmrindia.com |accessdate=8 November 2016 |archive-url=https://web.archive.org/web/20161112161207/http://cmrindia.com/external/reports/CMR_Paints_Study_IMG%20Report%202016.pdf |archive-date=12 November 2016 |url-status=dead }}</ref> It is engaged in the industrial, automotive and powder coating business. It develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers and furniture industries. | ||
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* 1957 : Goodlass Wall Pvt. Ltd. grew popular as Goodlass Nerolac Paints (Pvt.) Ltd. Also, it went public in the same year and established itself as Goodlass Nerolac Paints Ltd. . | * 1957 : Goodlass Wall Pvt. Ltd. grew popular as Goodlass Nerolac Paints (Pvt.) Ltd. Also, it went public in the same year and established itself as Goodlass Nerolac Paints Ltd. . | ||
* 1976 : Goodlass Nerolac Paints Ltd. became a part of [[Tata Group|Tata]] [[Forbes (engineering company)|Forbes]] Group on acquisition of a part of the foreign shareholdings by [[Forbes]] Gokak. . | * 1976 : Goodlass Nerolac Paints Ltd. became a part of [[Tata Group|Tata]] [[Forbes (engineering company)|Forbes]] Group on acquisition of a part of the foreign shareholdings by [[Forbes]] Gokak. . | ||
* 1983 : Goodlass Nerolac Paints Ltd. strengthened itself by entering in technical collaboration agreement by Kansai Paint Co. Ltd., Japan and Nihon Tokushu Tokyo Co. Ltd., Japan. | * 1983 : Goodlass Nerolac Paints Ltd. strengthened itself by entering in technical collaboration agreement by [[Kansai Paint]] Co. Ltd., Japan and Nihon Tokushu Tokyo Co. Ltd., Japan. | ||
* 1999 : Kansai Paint Co. Ltd. , Japan took over the entire stake of Tata Forbes group and thus Goodlass Nerolac Paints became wholly owned subsidiary of Kansai Paint Company Ltd.<ref>{{Cite web |url=http://bullscrip.com/kansai-nerolac-ltd-a-paint-for-your-portfolio-to-color/ |title=Archived copy |access-date=15 June 2013 |archive-url=https://archive. | * 1999 : Kansai Paint Co. Ltd. , Japan took over the entire stake of Tata Forbes group and thus Goodlass Nerolac Paints became wholly owned subsidiary of Kansai Paint Company Ltd.<ref>{{Cite web |url=http://bullscrip.com/kansai-nerolac-ltd-a-paint-for-your-portfolio-to-color/ |title=Archived copy |access-date=15 June 2013 |archive-url=https://archive.today/20130616021735/http://bullscrip.com/kansai-nerolac-ltd-a-paint-for-your-portfolio-to-color/ |archive-date=16 June 2013 |url-status=dead }}</ref> | ||
* 2006 : On 11 July, Goodlass Paint Ltd. name has been changed to Kansai Nerolac Paints Ltd. | * 2006 : On 11 July, Goodlass Paint Ltd. name has been changed to Kansai Nerolac Paints Ltd. | ||
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[[Category:Chemical companies of India]] | [[Category:Chemical companies of India]] | ||
[[Category:Chemical companies established in 1920]] | [[Category:Chemical companies established in 1920]] | ||
[[Category:Indian brands]] | [[Category:Indian brands]] | ||
[[Category:Manufacturing companies based in Mumbai]] | [[Category:Manufacturing companies based in Mumbai]] | ||
[[Category:Paint companies of India]] | [[Category:Paint companies of India]] | ||
[[Category:Indian companies established in 1920]] | [[Category:Indian companies established in 1920]] | ||
[[Category:Companies listed on the National Stock Exchange of India]] | |||
[[Category:Companies listed on the Bombay Stock Exchange]] | |||