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Shalimar Paints Limited
6 articles
Shalimar Paints faces significant financial challenges, posting a substantial ₹63.34 crore net loss for FY26 on declining revenue, although the company achieved positive EBITDA in the final quarter. To address these issues, the company is pursuing a major restructuring plan, including a proposed increase in authorized share capital to ₹1,000 crore, alongside correcting details related to a preferential share issue. Investors should note ongoing concerns regarding tax disputes and discrepancies in bank returns, alongside a substantial accumulated loss and current liabilities exceeding assets, though management maintains a going concern basis. The recent reclassification of promoters to the public category further underscores the evolving shareholder structure.
Shalimar Paints EGM Notice for ₹10,945 Cr Preferential Issues
Shalimar Paints convenes EGM on September 11, 2026 to seek approval for four capital raising resolutions including preferential issues worth ₹10,945 crore.
Proposes to issue 1.25 crore equity shares f
Shalimar Paints Revises Preferential Issue Details
Shalimar Paints corrects calculation errors in its ₹6,895 crore preferential share issue approval.
Revised filing fixes aggregate consideration amount and individual allottee share allocations in anne
Shalimar Paints 124th AGM Notice Dispatch
Shalimar Paints issued letters to shareholders without registered email addresses regarding access to the 124th AGM notice and FY25-26 annual report.
The 124th Annual General Meeting is scheduled for
Shalimar Paints FY25-26 Business Responsibility Sustainability Report
Shalimar Paints Limited submitted its standalone Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 to BSE and NSE as per SEBI LODR Regulation 34(2)(f).
The report discloses 581 e
Shalimar Paints Reports ₹63.34 Crore FY26 Loss, Plans Restructuring
Shalimar Paints reported FY26 standalone net loss of ₹63.34 crore with revenue declining to ₹569.03 crore, though achieving positive EBITDA in Q4.
The company announced its 124th AGM with 5 resolution
Shalimar Paints Promoter Reclassification Approved
Shalimar Paints received BSE and NSE approval for reclassifying eight promoter group members to public category.
The approval, granted on August 03, 2026, follows an application submitted on January 1