Shareholders meeting

Shalimar Paints Limited has submitted the voting results of its Extraordinary General Meeting held on September 11, 2026, where shareholders approved the issuance of up to 83.03 crore equity shares on a preferential basis for cash consideration, up to 41.70 crore equity shares on a preferential basis for consideration other than cash, and up to 81.12 crore compulsory convertible preference shares on a preferential basis for consideration other than cash. The company also received approval to raise capital through a Qualified Institutions Placement (QIP) of up to Rs. 1000 crores.