Pursuant to Regulation 30 of SEBI LODR, we wish to inform you that, Shalimar Adhunik Nirman Limited, Subsidiary of the Company has entered into an Agreement to Sell its property situated at Gurugram.

August 05, 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 ISIN: INE849C01026 Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the said Regulations, as amended from time to time, we wish to inform you that, Shalimar Adhunik Nirman Limited, Subsidiary of the Company has entered into an Agreement to Sell its property bearing Plot no. 75, Sector 32, Urban Estate Gurgaon II situated at Gurugram. The disclosure required under Regulation 30 of the Listing Regulations, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A. You are requested to kindly take the above information on records. Thanking You, Yours faithfully, For Shalimar Paints Limited Snehal Saboo Company Secretary & Compliance Officer Membership No. A49811 Encl.: As above Annexure A The requisite details in terms of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as below: Sr. No. Particulars Details 1 the amount and percentage of Income and Networth of Shalimar Adhunik the turnover or revenue or Nirman Limited: income and net worth contributed by such unit or Particulars Amount Percentage division or undertaking or (Rs. in subsidiary or associate company Lakhs) of the listed entity during the last Income Nil NA financial year; Networth 1473.52 6.20% Note: As per the audited financial statements as on March 31, 2026. 2 date on which the agreement for August 05, 2026 sale has been entered into; 3 the expected date of completion of November 20, 2026 sale/disposal; 4 consideration received from such Rs. 50 Crores to be received by Shalimar sale/disposal; Adhunik Nirman Limited (Subsidiary Company) in tranches on or before the date of registration of Sale Deed 5 brief details of buyers and whether Sparton Growth Comtrade Private Limited any of the buyers belong to the promoter/ promoter group/group No, the buyers do not belong to the promoter/ companies. If yes, details thereof; promoter group/ group companies. 6 whether the transaction would fall No within related party transactions? If yes, whether the same is done at “arm’s length”; 7 whether the sale, lease or disposal of Yes, the agreement to sell is outside Scheme of the undertaking is outside Scheme of Arrangement. Arrangement? If yes, details of the same including It does not attract the terms of regulation 37A of the compliance with regulation 37A of Listing Regulations, as it does not constitute an LODR Regulations. undertaking or substantially the whole of undertaking for the Company under section 180(1)(a) of the Companies Act, 2013. 8 additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.