SHALPAINTSNSEShalimar Paints Limited· PaintsMediumNeutral
Announced Fri, 2 Jan · 17:37 IST

Shalimar Paints Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

SHALPAINTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shalimar Paints has informed the stock exchanges that its Board has approved the re-appointment of Ms. Shan Jain (DIN: 09661574) as an Independent Director for a second term of three consecutive years, from February 13, 2026 to February 12, 2029. The re-appointment is subject to shareholder approval. Ms. Shan Jain is an independent marketing and brand consultant with over 33 years of experience, having held senior roles at agencies like Mindshare (WPP), Madison Media, and Publicis, and currently serves on the boards of Infra.Market and Carrier AirConditioning. The approval was given via a circular resolution passed on January 2, 2026. She is not related to any other director on the board and is not debarred by SEBI from holding a directorship.

Likely market impact

This is a routine governance update with no material impact on the stock. Re-appointment of an existing independent director signals board continuity, though shareholder approval is still pending.