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Shalimar Paints Seeks Shareholder Reclassification

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Shalimar Paints Seeks Shareholder Reclassification

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Shalimar Paints Ltd ( (IN:SHALPAINTS) ) has issued an announcement.

Shalimar Paints Ltd has announced a request for reclassification of certain shareholders from the ‘Promoter Group’ to the ‘Public’ category. This move, involving shareholders with no current shareholding, requires approval from the Board of Directors and stock exchanges, potentially impacting the company’s governance structure and market perception.

More about Shalimar Paints Ltd

Shalimar Paints Ltd is a company operating in the paint industry, offering a range of paint products and services. The company is focused on serving various market segments with its diverse paint solutions.

Average Trading Volume: 24,099

Technical Sentiment Signal: Sell

Current Market Cap: 5.86B INR

See more insights into SHALPAINTS stock on TipRanks’ Stock Analysis page.

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