NSEUpdates3 Aug 2026 · 3 Aug 2026, 10:54 pm

Updates

Shalimar Paints Limited · SHALPAINTS

✦ AI SummaryPromoter Reclassif.

Shalimar Paints Limited has received approval from BSE and NSE to reclassify its promoters from the 'Promoter Group' category to the 'Public' category, as per Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Shalimar Paints Limited has informed the Exchange regarding 'Intimation under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) Receipt of No Objection from the Stock Exchanges for Re-classification from Promoter Group Category to Public Category'.

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SHALPAINTS_03082026225410_BSENSE.pdf

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August 03, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot No. C/1, G- Block Rotunda Building, P.J. Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai - 400 001 Mumbai – 400051 BSE Scrip Code: 509874 NSE Symbol: SHALPAINTS Dear Sir/Madam, Sub: Intimation under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Receipt of No Objection from the Stock Exchanges for Re-classification from ‘Promoter/Promoter Group’ Category to ‘Public’ Category Pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform that, BSE Limited and National Stock Exchange of India Limited vide letter dated August 03, 2026 has granted approval to persons listed in Annexure A for reclassification from the ‘Promoter / Promoter Group’ category to the ‘Public’ category. The No Objection letters are enclosed as Annexure B. We request you to kindly take the above on records. Yours faithfully, For Shalimar Paints Limited Snehal Saboo Company Secretary & Compliance Officer Membership No. A49811 Annexure A List of persons from “Promoter/ Promoter group” category: Sr. No. Name of Shareholder Category No. of % of shares Shares held held 1 Ms. Ritu Jhunjhnuwala Promoter Group 0 0 2 Mr. Surya Kumar Jhunjhnuwala Promoter Group 0 0 3 Mr. Gaurang Surya Jhunjhnuwala Promoter Group 0 0 4 Ms. Hina Devi Goyal Promoter Group 60 0.0001 5 Ms. Sarita Devi Jain Promoter Group 0 0 6 Mr. Shivang Jhunjhnuwala Promoter Group 0 0 7 Ms. Sarika Jhunjhnuwala Promoter Group 0 0 8 Ms. Kusum Mittal Promoter Group 0 0 Annexure B Ref:NSE/LIST/COMP/SHALPAINTS/549/2026-2027 Date: August 03, 2026 The Company Secretary Shalimar Paints Limited (‘the Listed Entity') Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurgaon, Gurugram, Haryana, India, 122001 Subject: No-objectionletterfor reclassification of Promoter(s)/PromoterGroup(s)under Regulation 31Aof SEBI(ListingObligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, This is in reference to your application dated January 17, 2026, requesting a no-objection letter for the reclassification of promoter group under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Based on the submission made by the Listed Entity, the Exchange grants no-objection letter for the reclassification application dated January 17, 2026, for the following promoter group in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sr. No. Promoter Group 1. Hina Devi Goyal 2. Kusum Mittal 3. Sarita Devi Jain 4. Ritu Jhunjhnuwala 5. Sarika Jhunjhnuwala 6. Shivang Jhunjhnuwala 7. Surya Kumar Jhunjhnuwala 8. Gaurang Surya Jhunjhnuwala Youare required to ensurecompliance with subsequentrelevant disclosures of materialeventsrelated to this reclassification,in accordance with the applicable provisions ofRegulation 31A ofSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yours faithfully, forNational Stock Exchange of India Limited Dhaval Shah Senior Manager–Listing Compliance CC: National Securities Depository Limited Central Depository Services Limited 301, G-Block, Plot No. C-32, Naman Marathon Futurex, A-Wing, Chambers, 25th floor, NM Joshi Marg, 3rd Floor, Bandra Kurla Complex, Bandra Lower Parel, Mumbai -400 073 East, Mumbai, Maharashtra, 400051 This Document is Digitally Signed Signed by: Dhaval Shah Date: Mon, Aug 3, 2026 18:54:42 IST Location: NSE