Sold for Rs 5.25 lakh: Kansai Nerolac walks away from Sri Lanka at a token price – Indian Corporate News Digest, 12 Jun 2026

Footprint: Exits And Expansions

Sold for Rs 5.25 lakh: Kansai Nerolac walks away from Sri Lanka at a token price

Som Distilleries' UP brewery goes live: The northern push gets its own plant

The Taxman & The Courts

Styrenix wins at ITAT: Rs 17-crore transfer pricing addition wiped out for AY 2021-22

JK Tyre pays the stamp duty on its Cavendish merger but will fight the Rs 4 crore sting

The Green Power Push

Nearly half renewable: Kansai Nerolac's BRSR shows 47.6% green electricity and emissions a quarter below baseline

GACL writes its fifth cheque for captive green power: Rs 32 crore more into the Cleanmax SPV

Promoters Buy And Sell

Quiet accumulation at Daikaffil: promoter Mikusu adds 13,092 shares from the open market

Promoters trim at Shubham Polyspin: Somanis sell 91,927 shares to take holding down to 51.15%

Routine Capital Housekeeping

EID Parry allots 29,650 ESOP shares: paid-up capital ticks up to Rs 17.80 crore

IOL Chemicals goes looking for its missing shareholders before the IEPF clock runs out

JK Tyre publishes its last call: unclaimed shares head for the IEPF demat account

Signals To The Street

Rs 2.50 a share on the table: Kansai Nerolac calls its 106th AGM for 9 July with a smaller headline payout

Privi courts the Street: a Mahad plant visit on 19 June with a Rs 3,900 target in the air

India Ratings turns positive on Gravita: IND AA affirmed on Rs 150 crore of facilities

Pats On The Back

Associated Alcohols picks up the Madhya Pradesh best employer award in Indore