Shalimar Paints
57.26
-0.32(-0.56%)
Market Cap₹479.33 Cr
PE Ratio-7.24
Company Performance:
1D-0.56%
1M-16.14%
6M-20.17%
1Y-48.07%
5Y-39.09%
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More news about Shalimar Paints
02Jan 26
Shalimar Paints Completes Postal Ballot Notice Dispatch for Director Re-appointment
Shalimar Paints Limited has successfully completed the dispatch of its postal ballot notice seeking shareholder approval for Ms. Shan Jain's re-appointment as Independent Director. The company published the public notice in Financial Express and Jansatta newspapers on January 7, 2026, following electronic dispatch to shareholders on January 6, 2026. The remote e-voting process will run from January 8 to February 6, 2026, through CDSL platform for the proposed three-year term from February 13, 2026 to February 12, 2029.
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12Dec 25
Hella Infra Market Limited Files Regulatory Disclosure for Shalimar Paints Share Pledge
Hella Infra Market Limited has filed a regulatory disclosure under SEBI Regulation 31 for pledging 80.50 lakh equity shares of Shalimar Paints Limited in two tranches - 23.03 lakh shares on September 29, 2025, and 57.47 lakh shares on December 4, 2025. The pledged shares, representing 9.62% of Shalimar Paints' share capital, serve as additional security for ₹250 crore worth of non-convertible debentures issued by subsidiary Hella Infra Market Retail Private Limited to Kotak Private Credit Fund and Infina Finance Private Limited.
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20Nov 25
Shalimar Paints Receives Reclassification Requests from Two Promoter Group Members
Shalimar Paints Limited announced that two members of its Promoter Group, Ms. Sarika Jhunjhnuwala and Ms. Kusum Mittal, have requested reclassification to the 'Public' category. Both individuals have completely divested their shareholdings in the company. The reclassification is subject to approval from the company's Board of Directors and both BSE and NSE stock exchanges, in compliance with SEBI regulations.
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17Nov 25
Shalimar Paints: Three Promoter Group Members Seek Reclassification to Public Category
Three members of Shalimar Paints' promoter group have requested reclassification from 'Promoter and Promoter Group' to 'Public' category after divesting their entire shareholdings. Ms. Ritu Jhunjhnuwala, Mr. Surya Kumar Jhunjhnuwala, and Mr. Gaurang Surya Jhunjhnuwala now hold zero shares in the company. The reclassification process requires approval from the company's Board of Directors and the stock exchanges where Shalimar Paints is listed, in compliance with SEBI regulations.
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13Nov 25
Shalimar Paints Reports Narrowed Loss and Revenue Growth in H1 FY26
Shalimar Paints Limited reported a consolidated loss of ₹30.53 crores for H1 FY26, an improvement from ₹46.62 crores loss in H1 FY25. Revenue increased by 6% to ₹300.28 crores. The company implemented strategic initiatives including product innovation, market expansion, dealer network growth, cost optimization, and improved inventory management. EBITDA improved by ₹20.00 crores with a 5.1% margin improvement. Management expressed optimism about the company's progress and initiatives taken to optimize financial position.
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11Aug 25
Shalimar Paints Narrows Q1 Loss Despite Revenue Growth
Shalimar Paints' Q1 consolidated revenue increased by 17% to ₹150.00 crore. Net loss reduced to ₹16.70 crore from ₹27.00 crore year-over-year. EBITDA loss narrowed to ₹7.40 crore from ₹21.10 crore. The Board of Directors approved the results on August 11. Statutory auditors conducted a limited review, finding no issues with the financial statements. Two subsidiaries reported a combined net loss of ₹0.12 crore.
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26May 25
Shalimar Paints Narrows Q4 Losses, Reports Revenue Growth, and Approves ₹70 Crore NCD Issuance
Shalimar Paints reported improved Q4 results with revenue growth of 23.61% to ₹1,780 million. EBITDA loss narrowed by 67.41% to ₹73 million, and net loss reduced by 64.15% to ₹95 million compared to the previous year. The company's board has also approved raising up to ₹70 crore through Non-Convertible Debentures.
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17Mar 25
Shalimar Paints: 34 Entities Settle Takeover Norms Violation with SEBI
SEBI has reached a settlement with 34 entities, including Urvi Jindal, over alleged violations of takeover norms involving Shalimar Paints Ltd. The case centered on a delayed disclosure of a 1,65,545 equity share acquisition that changed the company's shareholding structure by over 2%. The settlement involved a payment of Rs 3.04 lakh.
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Shalimar Paints
57.26
-0.32
(-0.56%)
1 Year Returns:-48.07%
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