Meeting Details
- 124th Annual General Meeting held on Wednesday, September 09, 2026
- Time: 12:30 p.m. IST
- Mode: Video conference
- Cut-off date for voting rights: September 02, 2026
- Total voting capital: ₹16,74,22,356 consisting of 8,37,11,178 equity shares of ₹2 each
Voting Results Summary
Total votes polled: 6,35,51,350 shares (75.9174% of outstanding shares)
Item 1: Ordinary Resolution - Adoption of Financial Statements
- Description: To receive, consider and adopt: (a) audited standalone financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors; and (b) audited consolidated financial statements for FY ended March 31, 2026 with Auditors' report
- Result: PASSED with 99.9511% votes in favor
- Votes in favor: 6,35,20,243 shares
- Votes against: 31,107 shares
- Promoter voting: 100% in favor (6,27,13,076 shares)
- Public institutions: 100% in favor (1,215 shares)
- Public non-institutions: 96.2838% in favor (8,05,952 shares), 3.7162% against (31,107 shares)
Item 2: Ordinary Resolution - Re-appointment of Director
- Description: To appoint Mr. Aaditya Gajendra Sharda (DIN: 07024283) who retires by rotation and offers himself for re-appointment
- Result: PASSED with 99.9491% votes in favor
- Votes in favor: 6,35,19,029 shares
- Votes against: 32,321 shares
- Promoter voting: 100% in favor (6,27,13,076 shares)
- Public institutions: 100% against (1,215 shares)
- Public non-institutions: 96.2839% in favor (8,05,953 shares), 3.7161% against (31,106 shares)
Item 3: Ordinary Resolution - Increase and Restructuring of Authorized Share Capital
- Description: To increase and restructure authorized share capital of the Company
- Result: PASSED with 99.9117% votes in favor
- Votes in favor: 6,34,95,243 shares
- Votes against: 56,107 shares
- Promoter voting: 100% in favor (6,27,13,076 shares)
- Public institutions: 100% in favor (1,215 shares)
- Public non-institutions: 93.2971% in favor (7,80,952 shares), 6.7029% against (56,107 shares)
Item 4: Special Resolution - Increase in Investment Limits under Section 186
- Description: To increase limits of investment under Section 186 of the Companies Act, 2013
- Result: PASSED with 99.9098% votes in favor
- Votes in favor: 6,34,94,028 shares
- Votes against: 57,322 shares
- Promoter voting: 100% in favor (6,27,13,076 shares)
- Public institutions: 100% against (1,215 shares)
- Public non-institutions: 93.2971% in favor (7,80,952 shares), 6.7029% against (56,107 shares)
Item 5: Ordinary Resolution - Ratification of Cost Auditors' Remuneration
- Description: To ratify remuneration payable to Cost Auditors for financial year 2026-27
- Result: PASSED with 99.9509% votes in favor
- Votes in favor: 6,35,20,165 shares
- Votes against: 31,185 shares
- Promoter voting: 100% in favor (6,27,13,076 shares)
- Public institutions: 100% in favor (1,215 shares)
- Public non-institutions: 96.2745% in favor (8,05,874 shares), 3.7255% against (31,185 shares)
Scrutinizer Details
- Name: Ankush Agarwal, Partner of M/s. MAKS & Co., Practicing Company Secretaries
- Membership No.: F9719 & COP. No. 14486
- FRN: P2018UP067700
- Voting period: Remote e-voting from September 05, 2026 (9:00 AM) to September 08, 2026 (5:00 PM) through NSDL
- E-voting also conducted during AGM for members who hadn't voted remotely
Additional Information
- Voting results and Scrutinizer's report available on company website (www.shalimarpaints.com) and NSDL website (www.evoting.nsdl.com)
- Notice of AGM dispatched on August 18, 2026
- All resolutions carried with requisite majority as per Companies Act, 2013