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Shalimar Paints Ltd Seeks Reclassification of Promoter Group Shares

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Shalimar Paints Ltd Seeks Reclassification of Promoter Group Shares

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The latest announcement is out from Shalimar Paints Ltd ( (IN:SHALPAINTS) ).

Shalimar Paints Ltd has received a revised request from Ms. Hena Devi Goyal for reclassification from the ‘Promoter Group’ to the ‘Public’ category, as she holds 60 equity shares of the company. This reclassification request, along with others from the Promoter Group, requires approval from the Board of Directors and relevant stock exchanges, which the company will pursue in accordance with regulatory requirements.

More about Shalimar Paints Ltd

Shalimar Paints Ltd operates in the paint industry, offering a range of decorative paints, industrial coatings, and related products. The company focuses on providing high-quality paint solutions to both residential and commercial markets.

Average Trading Volume: 23,511

Technical Sentiment Signal: Sell

Current Market Cap: 5.65B INR

See more data about SHALPAINTS stock on TipRanks’ Stock Analysis page.

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