Shalimar Paints Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Shalimar Paints reported consolidated revenues of ₹608.90 Cr for FY25 but posted a net loss of ₹80.16 Cr, slightly worsening from last year’s ₹73.85 Cr loss. Rising costs continue to pressure margins despite top-line growth. To strengthen liquidity, the board approved raising up to ₹70 Cr through Non-Convertible Debentures. The balance sheet shows total assets of ₹702.28 Cr and a trimmed equity base of ₹314.98 Cr. The company is intensifying efforts on operational efficiencies to navigate ongoing market challenges.