Sector: Consumer Durables
BSE Code: 509874
NSE Symbol: SHALPAINTS
ISIN: INE849C01026
Shalimar Paints EGM: ₹1000 Cr QIP & Preferential Issues Passed with Over 99% Votes ✅ - QIP up to Rs. 1000 crores approved with 99.5829% votes in favour - Issue up to 41,70,21,987 equity shares for non-cash consideration with 99.3490% votes in favour - Issue up to 81,12,02,664 CCPS for non-cash con…
📢 Shalimar Paints EGM: Major Fundraising & Preferential Allotment Approved - EGM held on Sept 11, 2026 via Video Conferencing - Preferential allotment of up to 83,03,072 equity shares for cash - Preferential allotment of up to 41,70,21,987 equity shares for non-cash consideration - Preferential a…
Shalimar Paints Preferential Issue: Rs. 70,57,61,120 Cash, Pro Fin Ineligible, HIML Swap Details 📊 - Pro Fin Capital ineligible; 41,51,536 shares not allotted - Total cash: 83,03,072 shares; Rs. 70,57,61,120 - Issue price: Rs. 85 each (Face Value Rs. 2 + Premium Rs. 83) - HIML swap: Equity Rs. 26…
Shalimar Paints Seeks Shareholder Nod for Major Capital Raise & HIML Stake Acquisition 🎨📊 - Shalimar Paints Limited is convening an Extraordinary General Meeting (EGM No. 01/2026-2027) on Friday, September 11, 2026, at 12:30 p.m. via Video Conference. - The EGM will consider and vote on 4 resolu…
📝 Shalimar Paints Issues Corrigendum: Key Details & Allotment Figures Revised - Aggregate consideration for the preferential issue corrected from ₹ 68,95,22,17,869 to ₹ 68,95,22,26,440. - Company plans to issue up to 81,12,02,664 CCPS at an issue price of ₹ 85 per share (₹ 2 face value + ₹ 83 pre…
📅 Shalimar Paints 124th AGM Scheduled for September 2026 – Key Details for Shareholders - The 124th Annual General Meeting (AGM) is scheduled for Wednesday, September 09, 2026 at 12:30 p.m. (IST). - The AGM will be conducted via Video Conference / Other Audio-Visual Means. - The meeting is for th…
Shalimar Paints FY 2025-26 BRSR Report: Key Operational & Sustainability Metrics 📊 - Turnover for FY 2025-26 is 5661658161 INR; net worth is 2376573333 INR. - Main business is manufacturing paints and coatings, accounting for 95% of turnover. - Total employee count is 581; total worker count is 4…
Shalimar Paints FY26: Revenue Dips to ₹569.03 Cr, Loss Narrows to ₹63.34 Cr 🎨📊 - Shalimar Paints Limited is issuing its Annual Report for the financial year ended March 31, 2026 and the Notice of its 124th Annual General Meeting (AGM). - The 124th AGM is scheduled to be held on Wednesday, Septem…
Shalimar Paints Updates Key Authorization for Stock Exchange Disclosures 📋 - Authorization for determining materiality of events and making stock exchange disclosures has been changed, effective August 12, 2026. - The change follows the appointment of Mr. Kundan Sangwar as Chief Financial Officer…
Shalimar Paints Unveils Major Capital & Strategic Initiatives 📊 - Authorized share capital increased from Rs. 20 crores to Rs. 1,000 crores. - Preferential issue of up to 1,24,54,608 equity shares at ₹85 per share to raise ₹1,05,86,41,680 from 3 non-promoter allottees. - Preferential issue (for n…
📅 Shalimar Paints Board Meeting Set for August 12, 2026 - Board meeting scheduled for August 12, 2026. - Agenda includes approval of Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026. - Agenda also includes evaluating raising funds through various modes (…
Shalimar Paints Evaluating Strategic Options 🎨 - Company is evaluating strategic options to improve its operational and financial position and enhance shareholder value. - Options under consideration include restructuring business operations, acquisition or transfer of assets, fundraising, and/or…
🏢 Shalimar Paints Subsidiary to Sell Gurugram Property for Rs. 50 Crores - Shalimar Paints Limited's subsidiary, Shalimar Adhunik Nirman Limited, has entered into an agreement to sell its property at Plot no. 75, Sector 32, Urban Estate Gurgaon II, Gurugram. - The total consideration for the sale…
Shalimar Paints Reclassifies 8 Individuals from Promoter to Public Category 📋 - Received No Objection from BSE and NSE for reclassification of 8 persons from 'Promoter/Promoter Group' to 'Public' category. - Approval letters from both exchanges dated August 03, 2026, in response to company's appl…
📋 Shalimar Paints Ltd Compliance Update: Quarterly Certificate for June 2026 - Compliance certificate issued for the quarter ended June 30, 2026. - Registrar and Transfer Agent: Beetal Financial & Computer Services Private Limited (SEBI Reg. No.: INR 000000262). - Securities received for demateri…
Shalimar Paints Shareholders Approve Key Leadership Changes ✅ - Mr. Atul Rasiklal Desai reappointed as Special Independent Director for another 3-year term - Mr. Abhijeet Jhawar newly appointed as Director - 6,24,17,679 shares (~74.56% of outstanding) voted on each resolution Weights of votes: -…
Shalimar Paints Ltd FY26 Financial Snapshot 📉 | CARE Ratings Reaffirmed - CARE Ratings reaffirmed: Long Term Bank Facilities at CARE BB+ (Negative) for ₹135.88 crores; Short Term at CARE A4+ for ₹0.67 crores. - FY26 Revenue: ₹569.03 crore (down from ₹599.25 crore in FY25). - Operating loss: ₹20.8…
🔑 CFO Sachin Naik Steps Down from Shalimar Paints (Effective May 30, 2026) - Mr. Sachin Naik resigns as CFO & Key Managerial Personnel of Shalimar Paints. - Resignation effective close of business hours on May 30, 2026. - Reason: Pursuit of better career opportunities and professional growth. - N…
📉 Shalimar Paints Reports FY26 Results: Losses Narrow, Revenue Dips - Standalone net loss improved to ₹63.34 crore (vs ₹80.11 crore last year) - Consolidated net loss at ₹64.95 crore (vs ₹81.17 crore last year) - Standalone revenue declined to ₹569.03 crore (from ₹599.06 crore) - Consolidated rev…
📅 Shalimar Paints Board Meeting on May 28, 2026 to Review FY2026 Results - Board meeting scheduled for May 28, 2026 to approve audited financial results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. - Trading window closed for insiders from April 1, 2026, to May 30,…