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Shalimar Paints Approves Hella Infra.Market Investment, ₹1,000 Crore QIP

12 August 2026
Shalimar Paints Ltd.

Q1FY27 revenue fell 10.9% YoY to ₹137.72 crore and net loss widened to ₹21.26 crore. Board proposed a ₹1,000 crore QIP and preferential swap of 41.70 crore equity shares plus 81.12 crore CCPS at ₹85 to invest in Hella Infra Market and potentially unify the entities, subject to approvals.

Recent Events

12 August 2026

Shalimar Paints Approves ₹1,000 Crore QIP And Hella Infra Share-Swap Plan
12 August 2026

Shalimar Paints Approves ₹6,895 Crore CCPS Swap With Infra.Market
12 August 2026

Shalimar Paints Approves Hella Infra Market Share Swap And ₹1,000 Crore QIP

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