Shalimar Paints: PFA Outcome of Board Meeting held on October 28, 2026
Shalimar Paints (SHALPAINTS) filed a disclosure titled "PFA Outcome of Board Meeting held on October 28, 2026". The company is valued at about ₹681 crore.
What happened
Shalimar Paints (SHALPAINTS) filed a disclosure with the exchanges on 28 October 2026 at 04:15 PM titled "PFA Outcome of Board Meeting held on October 28, 2026".
Company snapshot
Shalimar Paints is a micro-cap company, with a market value of about ₹681 crore.
The stock last traded at ₹81.31, against a 52-week range of ₹35.21–₹95.95 (15.3% below the high).
Before this filing the shares had moved +6.5% over the month and +17.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.97 crore.
Promoters held 74.96% at the end of Q1 FY27; 70.51% of promoter shares were pledged. Foreign institutions owned 0.04% and domestic institutions 0.03%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 153 | -16.7 | -1.99 |
| Q2 FY26 | 134 | -14.1 | -1.69 |
| Q3 FY26 | 131 | -26.7 | -3.18 |
| Q4 FY26 | 156 | -7.4 | -0.88 |
| Q1 FY27 | 138 | -21.3 | -2.54 |
What history shows
This is not the company's first board meeting disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.7% on average the next trading day and was up 1.0% on average after five days (4 filings with price data).
Market-wide, 2,943 board meeting filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 43% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 19 Aug 2026 | 'Revised Outcome of Board Meeting held on August 12, 2026'. | −2.0% | −2.6% |
| 19 Aug 2026 | Revised Outcome Of Board Meeting Held On August 12, 2026 | −2.0% | −2.6% |
| 9 Aug 2026 | Board Meeting Intimation for Adoption Of Unaudited Financial Results… | −0.7% | +8.3% |
| 6 Aug 2026 | Clarification On Volume Movement/Increase In Volume | −2.0% | +1.0% |
What to watch
- 28 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- We want paint talks to move from aesthetics to functionality: Shalimar Paints' CEO
- Shalimar Paints Launches Prastavana for Painter Wellbeing
- Shalimar Paints soars on stake sale buzz
- Shalimar Paints launches Prastavana for painter welfare and skill development
- We Want Consumers to Look Beyond Paint Aesthetics: Kuldip Raina, Shalimar Paints CEO
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.