StockWatch
·
Paints
Corporate Action13 Nov 2026, 07:24 pm

Shalimar Paints Approves QIP Opening

AI Summary

Shalimar Paints Limited's QIP Committee has approved the opening of a Qualified Institutions Placement (QIP) issue. The Relevant Date for the QIP has been set as November 13, 2026. Consequently, the trading window for designated persons and their immediate relatives will be closed from November 13, 2026, until 48 hours after the determination of the Issue Price. This announcement is in compliance with SEBI regulations.

Key Highlights

  • QIP Committee approved opening of Qualified Institutions Placement.
  • November 13, 2026, designated as the Relevant Date for QIP.
  • Trading window closed for designated persons from November 13, 2026.
  • Closure lasts until 48 hours post-Issue Price determination.