Shalimar Paints planning to raise funds
4th Mar 2022

Shalimar Paints is planning to raise funds through one or more permissible mechanisms as may be deemed appropriate by the Board, by way of issuance of equity shares and / or other securities including share warrants and / or any other equity based instruments / securities including through preferential issue, private placement, or through any other permissible mode or any combination thereof, subject to receipt of regulatory / statutory / shareholders approvals, as may be required. A meeting of the Board of Directors of the company will be held on March 08, 2022 to, inter alia, consider and evaluate proposal for the same.

Shalimar Paints is engaged in the manufacturing and marketing of decorative paints and industrial coatings.