Asian Paints Ltd a ₹5.75 interim dividend paid November 13

ASIANPAINT the stock had earlier rallied 6% on November 6 on positive catalysts including the resignation of Birla Opus CEO Rakshit Hargave, falling crude-oil prices (a key input cost), an MSCI Standard Index weightage increase, and a Nomura upgrade to Buy with a ₹3,100 target (from ₹2,285), implying 25% upside. The company declared an interim dividend of ₹5.75 per share (record date November 4), with payment beginning November 13. In strategic news, Asian Paints is undertaking its largest-ever capacity expansion, investing ₹4,000 crore across Visakhapatnam (5 lakh KL, ₹1,785 crore) and Mysuru (6 lakh KL, ₹2,300 crore) to add 1.1 million kilo litres of capacity; management announced an almost 3.5% price increase for November to offset anti-dumping duties and raw-material inflation, while international revenue grew 29.5% in Q2, with strong Middle East performance despite geopolitical challenges. The company also approved Leo Puri as Independent Director for five years (via postal ballot), with him set to become Chairman from January 23, 2027, and its Q2/H1 FY27 earnings call was held October 29 (transcript filed November 3).