Shalimar Paints Limited has informed the Exchange regarding Notice of Postal Ballot
SHALPAINTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shalimar Paints is seeking shareholder approval via postal ballot for two items: (1) reappointment of Mr. Atul Rasiklal Desai as Independent Director for a second 3-year term (June 28, 2026 – June 27, 2029), and (2) appointment of Mr. Abhijeet Jhawar as Non-Executive Non-Independent Director (appointed as Additional Director from May 12, 2026). Both appointments were recommended by the Nomination and Remuneration Committee and approved by the Board. Mr. Desai brings 35+ years in building materials industry, while Mr. Jhawar has 25+ years across healthcare, FMCG, retail, and infrastructure sectors, currently serving as CMO at Infra.Market. Voting period runs from May 15, 2026 to June 13, 2026 via CDSL e-voting platform.
Routine governance matters with minimal direct stock impact. The appointments add experienced industry professionals to the board, which could be viewed positively for long-term strategy execution.