Features: - Optimal viscosity - Long lasting bonding - Unmatched durability . Welcome to Shalimar One. Subsidiaries: Shalimar Adhunik Nirman Pvt Ltd., Eastern Speciality Paints & Coatings Pvt. Industrial paints can again be classified into Heavy Duty Protective Coating, GI Coating, Packaging Coating and Marine Coatings and primarily used for protect the structure from deterioration through corrosion and then beautification. There were no shares offered by the company pursuant to Employee Stock Option Scheme, 2013 i.e. The result of which was declared on July 7, 2018: - Ordinary resolution for raising the Authorized Share Capital of the Company from Rs, 8,00,00,000/- to Rs, 20,00,00,000/. Management Discussion and Analysis Report. Shalimar Paints, Gurgaon, Haryana. Some of India’s buildings and structures such as the Howrah Bridge, Rashtrapati Bhawan, Salt Lake Stadium, All India Institute of Medical Sciences, and many others, continue to be painted with Shalimar Paints. Facebook is showing information to help you better understand the purpose of a Page. Effective April 1, 2017, the Company has adopted all the Ind AS standards and the adoption was carried out in accordance with applicable transition guidance. During the year under review, there was no change in the Company’s paid-up equity share capital. Login to e-rapid . The performance evaluation of independent directors was done by the entire Board of Directors, excluding the director being evaluated. We place on record our appreciation of the contribution made by our employees at all levels. The Secretarial Auditors’ Report is enclosed as ‘Annexure-C’ to the Director’s Report in this Annual Report. In accordance with Section 129(3) of the Companies Act, 2013 read with Rule 5 of Companies (Accounts of Companies) Rules 2014, the Company has prepared consolidated financial statements of the Company and its subsidiaries which form part of the Annual Report. 200 likes. (a) D n the preparation of the annual accounts for the financial year ended March 31, 2018 and applicable accounting standards have been followed and there are no material departures; (b) They have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit and loss of the Company for that period; (c) They have taken proper and sufficient care towards the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; (d) They have prepared the annual accounts on a going concern basis; (e) They have laid down internal financial controls, which are adequate and are operating effectively; (f) They have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively. The company also provides protective coating to enhance service life of plant and machinery. Get Ideas. Our Company manufactures and markets wide range of decorative paints for interior and exterior surfaces - concrete, plaster, metal or wood etc. As required under Section 204 of the Companies Act, 2013 and Rules thereunder, the Board appointed M/s Arun Goel & Associates, Practicing Company Secretaries as Secretarial Auditor for financial year 2017-18. 41 talking about this. However, the Company has allotted 35,52,370 equity shares of Rs, 2/- each at a premium of Rs, 138/- per share on Rights basis to the eligible equity shareholders on April 27, 2018. Through CSR there is a formation of a dynamic relationship between a Company on one hand and the society and environment on the other. Forgot Password Click here. Login to iCONNECT. The company operates primarily into one segment that is Paints. They also discussed the strength and weakness of the system. The name of our Company was changed to Shalimar Paint, Colour and Varnish In accordance with Section 134(3)(a) of the Companies Act, 2013, an extract of the annual return in the prescribed format is appended as ‘Annexure-E’ to the Director’s Report. Welcome to Shalimar One. Backed by over a century-old legacy, Shalimar stands for the Art & Science of Paints. PitchBook is a financial technology company that provides data on the capital markets. Price. Directors and Key Managerial Personnel Appointments/ Re-appointments. It measures how many times a company has sold and replaced its inventory during a certain period of time. Other metrics include Mgmt Compensation,utilization, Noneof the Companies has become or ceased to be the Company's subsidiaries during the yearunder review. As on March 31, 2018, the Company has two subsidiaries, namely Shalimar Adhunik Nirman Limited (SANL) and Eastern Speciality Paints & Coatings Private Limited (ESPCPL). Drawing from our … - The shareholders have passed the following resolutions through Postal Ballot. Login to iCONNECT. Backed by over a century-old legacy, Shalimar stands for the Art & Science of Paints. A statement in Form AOC- 1, containing the salient features of financial statements of the above mentioned subsidiaries of the Company is annexed as ‘Annexure - B’ to this Report. In view of the losses incurred during the year under review, the Board did not recommend any dividend. Shalimar Paints Ltd's Corporate Identification Number is (CIN) L24222HR1902PLC065611 and its registration number is 65611.Its Email address is ASKUS@SHALIMARPAINTS.COM and its registered address is Stainless Centre, 4th Floor, Plot No. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. Shalimar Paints has a D/E ratio of 0.4713 which means that the company has low proportion of debt in its capital. Accounting policies have been consistently applied except where a newly issued accounting standard is initially adopted or a revision to an existing accounting standard requires a change in the accounting policy hitherto in use. Forget about the hassle of keeping purchase records and sales achieved. Shares of Shalimar Paints rose 1.07% to Rs 108.85 on BSE. During the year under review, Mr. Alok Perti was appointed as non-executive independent director of the Company with effect from May 24, 2017 and his appointment was confirmed by the shareholders in 115th Annual General Meeting of the Company held on September 28, 2017. SHALIMAR PAINTS LIMITED : Vorstellung des Unternehmens SHALIMAR PAINTS LIMITED, Aktionäre, Vorstände und Berufsbeschreibung, Finanzstärkerating, offizielle Mitteilungen, Kontaktdaten und Börsenkennzahlen | 509874 | INE849C01026 | MUMBAI STOCK EXCHANGE Shalimar Paints Limited was founded in 1902 and is based in Gurugram, India. Innovative Ideas. Shalimar Paints Customer Care Number 1800-103-6509 Shalimar Paints Customer Support Email feedback@shalimarpaints.com (for feedback) Shalimar Paints Main Office Address Shalimar Paints Limited, 1st Floor, Plot No. Shalimar Paints has been the #Rangdeshka i.e colour of nation since 1902. 358 likes. The Independent Directors had met separately on August 10, 2017 without the presence of Non Independent Directors and the members of management and discussed inter-alia, the performance of Non Independent Directors and Board as a whole and the performance of the Chairman of the Company after taking into consideration the views of Executive and Non-Executive Directors. The Auditors’ Report is enclosed with the financial statements in this Annual Report. Our policy assures discretion and guarantees non-retaliation to complainants. Shalimar Paints is one of India's leading paints manufacturing companies. It manufactures and sells emulsions, primers, distempers, putty, cement paints, enamels and varnishes among others. - The Securities and Exchange Board of India vide its order dated March 19, 2018 approved the Rights Issue of the Company for an amount not exceeding Rs, 50 Crore (Rupees Fifty Crores only). The Company does not have any associate and/or joint venture company. Pursuant to the applicable provisions of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘the Rules’), all unpaid or unclaimed dividends are required to be transferred by the Company to the IEPF established by Government of India, after the completion of seven years. The Whistle Blower Policy of the Company, is available on the Company''s website link at: https://www.shalimarpaints.com/ upload/investor reports/Whistleblower-Policy.pdf Annual Return. Shalimar Paints Limited: Dabur India Limited: Paragon Footwear: Wipro Limited: Colgate Palmolive (India) Limited: Asian Paints Limited: MMP Industries Limited (5) -Also Supplies to; Kansai Nerolac Paints Limited: Shalimar Paints Limited: Asian Paints Limited: JK Lakshmi Cement Limited: Shree Cements Limited: Excel Crop Care Limited : Financial. Any member desirous of obtaining a copy of said financial statements may write to the Company Secretary at Company’s Registered Office. Your Board recommends his appointment as the Director in the ensuing AGM. World of Colors. We are engaged in the business of manufacturing of paints. - Special resolution for approval of Rights Issue for an amount not exceeding Rs, 3,00,00,00,000/- (Rupees Three Hundred Crores only), - Special resolution for increase in the limit of total shareholding of all registered Foreign Portfolio Investors (FPIs)/ Registered Foreign Institutional Investors (FIIs) put together from 24% to 49% of the paid up equity share capital of the Company. The offered Shalimar Paints are specially formulated for painting the substrates. The Board of Directors hereby submits the report of the businesses and operations of your Company (‘the Company’ or ‘Shalimar’) along with the audited financial statements (Standalone and Consolidated), for the financial year ended March 31, 2018. View auditor’s report of the various companies, comments of auditors, annexure to the auditor’s report The detailed policy is available on the Company''s website link at: https://www.shalimarpaints.com/upload/investor_reports/ Nomination and Remuneration Policy.pdf Performance Evaluation. See insights on Shalimar Paints including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. or medium without express writtern permission of moneycontrol.com is prohibited. Registrar: Beetal Financial & Computer Services (P) Ltd. Beetal House, 3rd Floor, 99, Madangir, Behind LSC, New Delhi - 110062 Phone: 011-29961281-83 Fax: 011-29961284 … All rights reserved. Just download the Shalimar Paints EXPERT Program App, register and begin the rewarding journey. Internal audit department provide an annual overall assessment of the robustness of the Internal Financial Control System in the Company. The Board of Directors of the Company had discussed in their meeting about the effectiveness and appropriateness of a sound Internal Financial Control System already established in the Company. - The Board of Directors have passed a resolution for the approval of the Rights Issue of Equity Shares for an amount not exceeding Rs, 2,40,00,00,000/- (Rupees Two Hundred Forty Crores Only). Shalimar Paints is one of India's leading paints manufacturing companies. Get latest prices, models & wholesale prices for buying Shalimar Paint. About Shalimar Paint The art and culture & science of paints, Shalimar Paints, paints in India, emulsion going prices, distemper price tags, Shalimar paints appearance card, emulsion, distemper, enameled surface, commercial enterprise paints, paints, coloration market place India, external areas emulsion , paint for bedroom , exterior paints, Painting products […] Welcome to Shalimar One. As on March 31 2019 the Company has two subsidiaries namely Shalimar Adhunik NirmanLimited (SANL) and Eastern Speciality Paints & Coatings Private Limited (ESPCPL). webappsupport@shalimarpaints.com . Shalimar Paints Detailed director reports covering Shalimar Paints Financial Results and Performance report. View Footer More About Shalimar. The company offers decorative paints for interior … Copyright © e-Eighteen.com Ltd. All rights reserved. Public Fundamental Data provided by Morningstar, Inc. Shalimar Paints Ltd is an Indian based firm that engaged in the manufacturing and distribution of Paints, Varnishes, Ena, tempor incididunt ut labore et dolore magna aliqua. - The Company has received an Insurance claim amount of Rs, 1122.35 lakhs in respect of Howrah plant in June, 2018. 89K likes. The Consolidated Financial Statements together with the Auditors’ Report form part of this Annual Report. 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