Shalimar Paints has informed that the proposed Rights Issue of the Company was opened on December 03, 2018 for a period of 15 days and scheduled to be close on December 17, 2018. The company has received request from quite a few shareholders for extension of the closing date to in the Rights Issue. The Rights Issue Committee of the Board in its meeting held on December 15, 2018 has therefore in order to provide an opportunity to shareholders to exercise their rights in the Rights Issue, extended the closure date for making application under the captioned issue from December 17, 2018 to December 24, 2018.
The above information is a part of company’s filings submitted to BSE.
