ALPHA TRIBE

Shalimar Paints LimitedQIP/Rights/Pref., 13-08-2026: Issue of Securities

13-08-2026 | 12:09 am

Shalimar Paints is set for a major pivot! The Board approved acquiring Infra.Market via ~₹10,440 Cr share/CCPS swap. It's also raising ~₹106 Cr via preferential equity and up to ₹1,000 Cr via QIP for growth. The goal is to become a listed building materials powerhouse.

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