Shalimar Paints Q1 loss, plans massive fund raise and Hella Infra deal

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SHALPAINTS · price

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Price reactionminutes from the announcement price · days from the prior close

+4.9%Reaction day

₹83.00

prior close

₹87.04

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+4.7% vs market

Paints peers, median of 8sector-0.6%+5.5% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.5 pts more than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

+4.9+0.2+4.7-0.6+5.5

Next day

+10.1+0.2+9.9-1.0+11.1

+11.4+0.4+11.1-0.0+11.5

+4.7+0.7+3.9-1.4+6.1

-0.6+0.1-0.7-1.7+1.1

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+2.3+1.2+1.2-1.2+3.5

15d

-1.7+0.7-2.5-2.1+0.3

-1.2-1.2+0.0-6.7+5.5

-1.2-1.1-0.1-12.5+11.3

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UpDownMarket · Nifty Microcap 250Sector · Paints peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shalimar Paints posted a standalone loss of Rs 20.78 crore on revenue of Rs 136.19 crore for Q1 FY27. Board approved preferential issues of equity and CCPS worth over Rs 10,500 crore (mix of cash and non-cash), a QIP up to Rs 1,000 crore, and investment in Hella Infra Market via share swap that may turn it into a material subsidiary. New CFO Kundan Sangwar appointed. Accumulated losses stand at Rs 562.94 crore.

Likely market impact

Significant equity dilution likely. Hella Infra merger could reshape the business. Going concern risk persists due to large accumulated losses.