Shalimar Paints to consider Q4FY26 results on May 28

1 min read Updated on 22 May 2026, 11:48 AM

Reviewed by

Ashish TScanX News Team

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Shalimar Paints Limited will hold a board meeting on May 28, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The trading window for the company's securities will be closed from April 1, 2026, to May 30, 2026, in compliance with its code of conduct.

*this image is generated using AI for illustrative purposes only.

Shalimar Paints has announced that its Board of Directors will meet on Thursday, May 28, 2026. The primary agenda of the meeting is to consider and approve the audited financial results of the company for the quarter and year ended March 31, 2026. The approval will cover both standalone and consolidated financial statements.

In accordance with the company's code of conduct to regulate trading by insiders, the trading window will remain closed for a specified period surrounding the board meeting. This closure is implemented to ensure compliance with regulatory norms regarding the declaration of financial results.

The trading window closure is effective from Wednesday, April 01, 2026, and will continue until Saturday, May 30, 2026. This period includes both the start and end dates. During this time, designated persons are prohibited from trading in the securities of the company.

The notice of the board meeting will be available on the official website of Shalimar Paints Limited. Additionally, the information will be accessible on the websites of BSE Limited and the National Stock Exchange of India Limited (NSE).

The intimation was formally signed by Snehal Saboo, the Company Secretary & Compliance Officer, on May 22, 2026.

Key Meeting Details

Event	Date
Board Meeting	May 28, 2026
Financial Period	Quarter and Year ended March 31, 2026
Trading Window Closure	April 01, 2026 to May 30, 2026

Historical Stock Returns for Shalimar Paints

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.03%	+5.69%	+3.47%	-21.95%	-49.96%	-49.57%

How might Shalimar Paints' FY2026 annual revenue and profitability compare to competitors like Asian Paints and Berger Paints amid rising raw material costs?

Will Shalimar Paints announce any dividend declaration or capital allocation strategy alongside the FY2026 financial results?

How could Shalimar Paints' financial performance reflect broader trends in India's decorative and industrial paints sector for FY2026?

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Shalimar Paints Completes Postal Ballot Dispatch for Director Appointments

2 min read Updated on 19 May 2026, 12:49 PM

Reviewed by

Jubin VScanX News Team

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Shalimar Paints Limited completed the dispatch of its Postal Ballot Notice on May 14, 2026, seeking shareholder approval via remote e-voting for two board-level resolutions: the re-appointment of Mr. Atul Rasiklal Desai (DIN: 01918187) as Independent Director for a second three-year term, and the appointment of Mr. Abhijeet Jhawar (DIN: 11536278) as an Additional Director. The e-voting window runs from May 15 to June 13, 2026, with CDSL facilitating the process and Mr. Ankush Agarwal of M/s. MAKS & CO. appointed as Scrutinizer.

*this image is generated using AI for illustrative purposes only.

Shalimar Paints Limited has completed the dispatch of its Postal Ballot Notice to seek member approval for the re-appointment of an existing Independent Director and the induction of a new Additional Director. The notice was dispatched on Thursday, May 14, 2026, through electronic mode only to members whose email addresses are registered with the Company or Depositories. The cut-off date for determining eligible members was Friday, May 08, 2026.

The company has informed the stock exchanges that the notice was published in the Financial Express (All Editions) and Jansatta (Hindi Edition) on Friday, May 15, 2026. The Postal Ballot Notice proposes two resolutions for member approval, following a circular resolution passed on May 11, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Resolutions Proposed

The Postal Ballot Notice proposes the following resolutions for approval via remote e-voting:

Sr. No.	Description of Resolution	Type of Resolution
1.	Re-appointment of Mr. Atul Rasiklal Desai (DIN: 01918187) as Independent Director for a second term of three years	Special Resolution
2.	Appointment of Mr. Abhijeet Jhawar (DIN: 11536278) as a Director of the Company	Ordinary Resolution

E-Voting Schedule

The Company has engaged Central Depository Services (India) Limited (CDSL) to provide the remote e-voting facility. The schedule for the remote e-voting period is as follows:

Event	Date and Time
Cut-off date for eligibility	Friday, May 08, 2026
Commencement of e-voting	09:00 a.m. IST, Friday, May 15, 2026
Conclusion of e-voting	05:00 p.m. IST, Saturday, June 13, 2026

Communication of assent or dissent will take place only through the remote e-voting system. The results of the Postal Ballot will be announced within two working days from the conclusion of e-voting.

Key Details of Appointments

The following table summarises the key parameters of both board changes:

Parameter:	Mr. Atul Rasiklal Desai	Mr. Abhijeet Jhawar
DIN:	01918187	11536278
Nature of Change:	Re-appointment	Appointment
Designation:	Independent Director	Additional Director (Non-Executive Non-Independent)
Effective Date:	June 28, 2026	May 12, 2026
Term:	June 28, 2026 to June 27, 2029	Liable to retire by rotation

Scrutinizer and Compliance

Mr. Ankush Agarwal, Partner of M/s. MAKS & CO., has been appointed as the Scrutinizer for conducting the e-voting process. The Postal Ballot Notice is available on the company's website and the websites of BSE and NSE. The disclosures are in compliance with Section 110 and 108 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations.

Historical Stock Returns for Shalimar Paints

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.03%	+5.69%	+3.47%	-21.95%	-49.96%	-49.57%

How might Mr. Abhijeet Jhawar's background and expertise influence Shalimar Paints' strategic direction, particularly in areas like expansion or product innovation?

What impact could the strengthened board composition have on Shalimar Paints' competitive positioning against larger players like Asian Paints and Berger Paints?

Given Mr. Atul Desai's re-appointment for a second term, what key governance or compliance initiatives might he be expected to lead during the 2026-2029 period?