Shareholders meeting

August 19, 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: Notice of Extra Ordinary General Meeting No. 01/2026-2027 (“EGM”) and E-voting details. This is further to our intimation dated August 12, 2026, in respect of the outcome of the meeting of the Board of Directors of Shalimar Paints Limited (“Company”) held on the same day, we would like to inform you that the Extra Ordinary General Meeting No. 01/2026-2027 of the members of the Company will be held on Friday, September 11, 2026, at 12:30 p.m., through Video Conference (“VC”). We also wish to inform you that pursuant to Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management & Administration) Rules, 2014 and Regulation 44 of LODR, the Company is providing remote e-voting facility to all its Members (holding shares in physical and dematerialized form) to enable them exercise their right to vote by electronic means on the resolutions proposed at the EGM. We hereby submit the following information for the ready reference of the Members of the Company: Sr. No. Particulars Remarks 1 Name of the Company Shalimar Paints Limited 2 ISIN INE849C01026 3 Name of the Agency providing E- National Securities Depository Limited (“NSDL”) voting platform 4 Name of Scrutinizer Mr. Ankush Agarwal (COP No 14486), Partner of M/s. MAKS & CO., Company Secretaries (FRN P2018UP067700) 5 Cut-off date for E-voting entitlement Friday, September 04, 2026 6 E-voting Start Date & Time Monday, September 07, 2026 (09:00 a.m.) 7 E-voting End Date & Time Thursday, September 10, 2026 (05:00 p.m.) 8 No. of Resolutions 4 9 Announcement of Results Within two working days of conclusion of the EGM In accordance with the relevant circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”), the Notice of the EGM is being sent through electronic mode to all those members of the Company whose email addresses are registered with the Company and/or Depository Participant(s) and the physical copies of the same will be provided to the members on request. The EGM Notice is also uploaded on the Company’s website at www.shalimarpaints.com and on the website of National Securities Depository Limited (“NSDL”) at https://www.evoting.nsdl.com. This is for your information and records purpose. Thanking You, Yours Faithfully, For Shalimar Paints Limited Snehal Saboo Company Secretary & Compliance Officer Membership No. A49811 Shalimar Paints Limited CIN: L24222HR1902PLC065611 Registered Office: Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurugram, Haryana 122001 Corporate Office: Olethia Business Spaces, Plot No. A184 and A185, Road No. 16Z, Opposite Ashar IT Park, Wagle Industrial Estate, Thane, Maharashtra 400604 Email: askus@shalimarpaints.com; Website: www.shalimarpaints.com; Toll Free: 1800 103 6509 NOTICE NOTICE is hereby given that, the 01/2026-2027 EXTRAORDINARY GENERAL MEETING of SHALIMAR PAINTS LIMITED will be held on Friday, September 11, 2026 at 12:30 p.m. (IST) through video conference (“VC”), to transact the following businesses. The venue of the meeting shall be deemed to be at the Registered Office of the Company at Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurugram, Haryana – 122 001. SPECIAL BUSINESS: ITEM NO. 1 – ISSUE, OFFER & ALLOT UPTO 1,24,54,608 EQUITY SHARES ON PREFERENTIAL BASIS FOR CASH CONSIDERATION To consider and if thought fit, to pass with or without modification(s), the following resolution as Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 23, 42, 62,179 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Share Capital and Debentures) Rules, 2014 and the Companies (Prospectus and Allotment of Securities) Rules, 2018 and other applicable rules made thereunder and all other applicable provisions, if any, as amended from time to time (including any statutory modification or re-enactment thereof, for the time being in force), in accordance with the Securities and Exchange Board of India (Issue of capital and disclosure requirements) Regulations, 2018, as amended from time to time (the “ICDR regulations”) and Securities and Exchange Board of India (Substantial acquisitions and takeovers) Regulations, 2011, as amended from time to time (the “Takeover regulations”) and Securities and Exchange Board of India (Listing obligation and disclosure requirements) Regulations 2015, as amended (the “LODR Regulations”) and the provisions of the Foreign Exchange Management Act, 1999, and other rules, regulations, guidelines notifications and circulars issued there under from time to time by the Government of India , the Reserve Bank of India, Securities and Exchange Board of India (SEBI), National Stock Exchange of India (NSE) and BSE Limited (BSE) where the shares of the Company are listed and any other guidelines and clarifications issued by any other competent authority whether in India or abroad, from time to time, to the extent applicable including the enabling provisions of the Memorandum and Articles of Association of the Company and such other approvals, permissions, sanctions and consents as may be necessary, consent of the members of the Company be and is hereby accorded to offer, issue and allot, on a preferential basis, up to 1,24,54,608 Equity Shares of face value of ₹ 2/- (Rupees Two only) each at a premium of ₹ 83/- per equity share i.e. at an Issue Price of ₹ 85 per equity share, aggregating to ₹ 1,05,86,41,680/- (Rupees One Hundred and Five crores Eighty Six Lakhs Forty One Thousand Six Hundred Eighty Only), to the proposed Non-Promoter allottees on a preferential allotment basis for cash consideration in compliance with Chapter V of ICDR Regulations and subsequent amendments thereto & on such terms and conditions and in such manner as the Board may in its absolute discretion deem fit, to the following entities as mentioned below: Sr. No. Name of the Proposed Allottees Category- Maximum no. of Name of the Ultimate Promoter/ Non- Equity Shares Beneficial Owner Promoter proposed to be allotted 1 Hathor Corporate Advisors LLP Non-Promoter 41,51,536 Siddhant Laxmikant Kabra Vijay Pandurang Bhosle 2 Plutus Capital Management LLP Non-Promoter 41,51,536 Siddhant Laxmikant Kabra Lalita Laxmikant Kabra 3 Pro Fin Capital Services Ltd Non-Promoter 41,51,536 Anupam Gupta Abhay Narain Gupta TOTAL 1,24,54,608 “RESOLVED FURTHER THAT as per provisions of section 42 read with Section 62 and rule 15 of the Companies (Share Capital and Debentures) Rules, 2014 of the Companies Act, 2013 the issue price of the equity shares proposed to be issued on a preferential basis shall not be less than the minimum price determined in valuation report, the company being listed entity the valuation report is in accordance with Chapter V of the SEBI ICDR Regulations, and the relevant date for determination of the issue price shall be 12th August, 2026, being the date which is thirty days prior to the date of the general meeting proposed to be held for seeking approval of the shareholders and as per report of registered valuer appointed by the audit committee.” “RESOLVED FURTHER THAT the proposed preferential issue shall be made only to identified persons in accordance with Section 42 of the Companies Act, 2013, and the offer, issue and allotment shall be made in dematerialised form and in compliance with all applicable provisions of the Companies Act, 2013, SEBI ICDR Regulations, SEBI LODR Regulations, the rules, circulars and notifications issued thereunder, and the listing agreements entered into with the stock exchange(s).” “RESOLVED FURTHER THAT since [Showing first 8,000 characters — download PDF for full document]