Shalimar Paints Limited has submitted an application to the BSE and NSE on January 17, 2026, seeking approval for the re-classification of certain individuals from the 'Promoter/Promoter Group' category to the 'Public' category. This action follows a board approval on January 13, 2026, which accepted requests from these individuals for such a re-classification, in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company had previously intimated about this on January 13, 2026. The list of persons seeking this change includes Ms. Hina Devi Goyal, who holds 60 shares, representing 0.0001% of the total shares. Other individuals listed, such as Ms. Ritu Jhunjhnuwala and Mr. Surya Kumar Jhunjhnuwala, currently hold zero shares and are thus seeking re-classification from the Promoter Group.

Shalimar Paints has stated that it will provide further disclosures on significant developments regarding this matter as required by statutory regulations. The Company Secretary & Compliance Officer, Snehal Saboo, signed the intimation.