Shalimar Paints Authorizes New CFO for Materiality Disclosures

Shalimar Paints Ltd has announced a change in authorization for determining the materiality of events and information for disclosures to stock exchanges. Following the appointment of Mr. Kundan Sangwar as the new Chief Financial Officer (CFO), the Board of Directors, in a meeting held on August 12, 2026, has authorized him, along with the Managing Director and Company Secretary, to make these crucial determinations. This update supersedes previous authorizations and aligns with SEBI Listing Regulations.