Shalimar Paints shareholders and shareholding pattern

NSE: SHALPAINTSBSE: 509874Consumer DurablesSmall Cap

Shalimar Paints Limited · Face value ₹2 · Listed May 1987 on BSE, Mar 2008 on NSE

₹81.31₹0.35 (0.43%)BSE ₹81.47

Share price at the NSE close on 28 Oct 2026. Previous close ₹81.66.

28 Oct: open ₹82.36, high ₹83.69, low ₹79.67

52-week range of traded prices to 28 Oct 2026

₹35.21Low, 30 Mar 2026₹95.95High, 17 Aug 2026

Delivery only: shares bought must be paid for in full, with no selling on the same day.
Next results date: the board meets on 28 Oct 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹681 Cr1,891st largest listed
P/E: Lossover the last 12 months
P/B: 3.41
Dividend yield: Nonein the last 12 months
ROE: Assets held for saleon the latest balance sheet
ROCE: Assets held for saleon the latest balance sheet
Debt to equity: Assets held for saleon the latest balance sheet
Volume, NSE: 40,978

Shalimar Paints' shareholding pattern for Sep 2026, filed on 16 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Shalimar Paints, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters74.96%
Foreign institutions0.01%
Indian institutions0.03%
Individuals and others24.99%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	62.30%	62.30%	62.30%	62.30%	62.31%	62.32%	63.08%	63.09%	63.09%	52.52%	53.10%	53.10%	53.10%	53.10%	53.10%	53.10%	53.10%	53.10%	53.10%	53.10%	53.10%	39.92%	39.92%	39.92%	39.92%	39.92%	39.92%	39.92%	31.90%	75.73%	75.73%	75.73%	75.73%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%
Indian promoters	31.31%	31.31%	31.31%	31.31%	31.32%	30.94%	32.34%	32.34%	32.34%	38.78%	38.31%	38.31%	38.31%	38.31%	38.31%	38.31%	38.31%	38.31%	38.32%	38.32%	38.32%	29.04%	29.04%	29.04%	29.16%	29.16%	29.16%	29.16%	31.90%	75.73%	75.73%	75.73%	75.73%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%
Foreign promoters	30.99%	30.99%	30.99%	30.99%	30.99%	31.37%	30.74%	30.75%	30.75%	13.74%	14.78%	14.78%	14.78%	14.78%	14.78%	14.78%	14.78%	14.78%	14.78%	14.78%	14.78%	10.89%	10.89%	10.89%	10.77%	10.77%	10.77%	10.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	37.70%	37.70%	37.70%	37.70%	37.69%	37.68%	36.92%	36.91%	36.91%	47.48%	46.90%	46.90%	46.90%	46.90%	46.90%	46.90%	46.90%	46.90%	46.90%	46.90%	46.91%	60.08%	60.08%	60.08%	60.08%	60.08%	60.08%	60.08%	68.10%	24.27%	24.27%	24.27%	24.27%	25.04%	25.04%	25.04%	25.04%	25.04%	25.04%	25.04%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.06%	0.03%	0.08%	0.03%	Under 0.01%	0.08%	0.02%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	0.01%	0.04%	0.08%	0.04%	0.01%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.06%	0.03%	0.08%	0.03%	Under 0.01%	0.08%	0.02%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	0.01%	0.04%	0.08%	0.04%	0.01%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	–	Under 0.01%	–	–	–	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.62%	1.62%	1.62%	1.62%	2.04%	2.94%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Mutual funds	0.13%	0.08%	0.56%	1.43%	1.59%	1.61%	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Insurance companies	1.76%	1.76%	1.76%	1.76%	1.76%	1.76%	1.48%	1.48%	1.48%	0.62%	0.61%	0.61%	0.61%	0.61%	0.61%	0.61%	0.61%	0.61%	0.61%	0.61%	0.60%	0.25%	0.25%	0.07%	0.07%	0.07%	0.07%	0.07%	0.06%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Alternative investment funds	–	–	–	–	–	–	2.48%	2.48%	2.48%	3.49%	3.54%	3.64%	3.66%	3.69%	3.32%	3.20%	3.20%	3.26%	2.69%	2.64%	2.51%	1.63%	1.55%	1.55%	1.55%	1.55%	1.55%	1.97%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	2.88%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	58.39%	58.39%	58.42%	58.37%	58.01%	65.16%	24.16%	24.22%	24.24%	24.24%	24.99%	25.00%	25.00%	24.97%	24.93%	24.96%	24.99%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14.30%	14.63%	14.07%	14.02%	12.66%	11.56%	12.85%	13.88%	15.26%	15.55%	15.60%	15.94%	17.14%	17.91%	17.65%	17.71%	18.20%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.09%	3.15%	3.82%	3.91%	4.64%	4.08%	5.34%	4.43%	5.09%	4.83%	4.99%	5.56%	4.50%	3.29%	3.28%	3.33%	1.95%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	29.33%	28.94%	28.84%	28.86%	30.27%	24.47%	1.44%	1.42%	1.90%	1.75%	1.76%	1.60%	1.40%	1.54%	1.50%	0.97%	–
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.30%	1.23%	1.19%	1.13%	0.35%	0.30%	0.31%	0.34%	0.39%	0.38%	0.35%	0.39%	0.41%	0.52%	0.53%	0.56%	0.61%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	1.93%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.22%	0.22%	0.22%	0.21%	0.21%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.01%	9.01%	9.01%	9.01%	9.01%	7.78%	3.03%	2.82%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.13%	1.21%	1.27%	1.22%	0.86%	16.79%	1.00%	1.15%	1.41%	1.54%	2.12%	1.34%	1.36%	1.52%	1.79%	2.21%	2.12%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	0.04%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.43%	0.38%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.13%	1.15%	1.22%	1.21%	0.85%	0.73%	0.99%	1.14%	1.39%	1.52%	2.10%	1.32%	1.34%	1.50%	1.76%	1.69%	1.50%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.05%	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.24%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	28.47%	66.16%	66.16%	66.16%	57.68%	57.68%	61.35%	70.51%	70.51%	70.51%	70.51%
Shares in issue	1,89,45,975	1,89,45,975	1,89,45,975	1,89,45,975	1,89,45,975	1,89,45,975	2,24,98,345	2,24,98,345	2,24,98,345	5,36,41,387	5,43,00,259	5,43,00,259	5,43,00,259	5,43,00,259	5,43,00,259	5,43,00,259	5,43,00,259	5,43,00,259	5,43,00,259	5,43,00,259	5,43,00,259	7,22,16,926	7,22,16,926	7,22,16,926	7,22,16,926	7,22,16,926	7,22,16,926	7,22,16,926	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178	8,37,11,178
Shares locked in	–	–	–	–	–	–	–	–	–	58,41,570	65,00,442	0	6,58,872	6,58,872	6,58,872	0	6,58,872	6,58,872	6,58,872	6,58,872	6,58,872	3,42,51,984	3,35,93,112	1,79,16,667	1,79,16,667	1,79,16,667	0	0	1,14,94,252	1,14,94,252	1,14,94,252	57,47,126	57,47,126	57,47,126	57,47,126	–	–	–	–	7,744
Promoters' shares locked in	–	–	–	–	–	–	–	–	–	58,41,570	65,00,442	0	6,58,872	6,58,872	6,58,872	0	6,58,872	6,58,872	6,58,872	6,58,872	6,58,872	1,63,35,317	1,56,76,445	0	0	0	0	0	57,47,126	1,14,94,252	1,14,94,252	57,47,126	57,47,126	57,47,126	57,47,126	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Shalimar Paints shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	11,692	12,438	12,491	13,542	14,372	14,232	14,374	14,555	14,893	15,825	15,688	15,303	15,124	17,044	19,817	22,410	25,630	24,028	29,520	32,092	27,662	25,728	23,739	23,032	23,429	22,150	21,752	21,556	23,240	24,333	26,503	30,009	31,100	29,913	31,086	32,659	32,408	31,826	31,768	31,525
	23	23	24	24	27	29	30	31	31	31	31	31	31	31	31	31	31	34	34	34	33	33	33	33	33	33	33	34	28	28	28	28	28	28	28	28	28	25	25	24
Indian promoters	21	21	22	22	25	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26	27	27	27	28	28	28	29	28	28	28	28	28	28	28	28	28	25	25	24
Foreign promoters	2	2	2	2	2	3	4	5	5	5	5	5	5	5	5	5	5	8	8	8	7	6	6	6	5	5	5	5	0	0	0	0	0	0	–	–	–	–	–	0
	11,669	12,415	12,467	13,518	14,345	14,203	14,344	14,524	14,862	15,794	15,657	15,272	15,093	17,013	19,786	22,379	25,599	23,994	29,486	32,058	27,629	25,695	23,706	22,999	23,396	22,117	21,719	21,522	23,212	24,305	26,475	29,981	31,072	29,885	31,058	32,631	32,380	31,801	31,743	31,501
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	3	2	2	1	2	3	3	2	2	4	2	4	3	3	3	3
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	3	2	2	1	2	3	3	2	2	3	2	3	3	3	3	2
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	1	–	1	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	5	6	5	4	4	4	4	4	4	4	4	4	4	4
Mutual funds	1	1	1	3	3	3	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Insurance companies	1	1	1	1	1	1	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Alternative investment funds	–	–	–	–	–	–	3	3	4	4	5	5	5	5	4	4	4	4	3	3	3	2	1	1	1	1	1	2	0	0	0	0	0	0	–	–	–	–	–	–
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	1	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	22,992	23,388	22,110	21,712	21,515	23,205	24,298	26,468	29,975	31,066	29,877	31,052	32,623	32,373	31,794	31,736	31,494
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21,962	22,363	21,125	20,771	20,688	22,243	23,270	25,399	28,763	29,833	28,693	29,848	31,423	31,184	30,641	30,601	30,270
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9	10	11	12	16	10	13	13	12	12	18	18	15	13	16	16	10
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	192	149	141	140	137	183	186	183	190	192	169	170	160	153	140	105	–
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	379	371	371	344	238	237	272	288	315	329	335	343	345	343	343	341	366
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	141
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	0	0	0	–	–	–	–	–	–
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	1	0	0	1	1	1	1	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	447	492	459	442	433	529	554	582	693	699	661	671	678	678	652	672	706
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25	18	2	2	4	4	2	5	5	3	3	6	3	4	22	25
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	446	466	440	440	431	524	550	580	687	693	657	667	671	674	647	637	664
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	1	1	1	1	1	1	1	1	1
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12	16

Shalimar Paints promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Hella Infra Market Limited, 52.85%. The filing names 53 more members with no shares.Promoter buying and selling

Holder
Hella Infra Market LimitedIndian companies, trusts and others	52.85%	4,42,42,921	100.00%
Virtuous Tradecorp Private LimitedIndian companies, trusts and others	12.62%	1,05,67,523	0.00%
JSL LimitedIndian companies, trusts and others	3.20%	26,81,992	0.00%
Hexa Securities and Finance Company LimitedIndian companies, trusts and others	1.79%	15,00,000	0.00%
Nalwa Sons Investments LimitedIndian companies, trusts and others	1.64%	13,72,590	0.00%
Colorado Trading Company Private LimitedIndian companies, trusts and others	1.46%	12,24,635	0.00%
Nalwa Investments LimitedIndian companies, trusts and others	0.32%	2,70,569	0.00%
Urvi JindalIndividuals and Hindu undivided families	0.20%	1,65,545	0.00%
Jindal Equipment Leasing and Consultancy Services LimitedIndian companies, trusts and others	0.12%	1,02,500	0.00%
Deepika JindalIndividuals and Hindu undivided families	0.11%	89,062	0.00%
Stainless Investments LimitedIndian companies, trusts and others	0.10%	82,500	0.00%
PRJ Family Management Company Private LimitedIndian companies, trusts and others	0.10%	85,490	0.00%
Sun Investments Private LimitedIndian companies, trusts and others	0.10%	82,500	0.00%
Abhinandan Tradex LimitedIndian companies, trusts and others	0.07%	55,000	0.00%
Mansarover Tradex LimitedIndian companies, trusts and others	0.06%	52,500	0.00%
Sangita JindalIndividuals and Hindu undivided families	0.04%	31,000	0.00%
Naveen Jindal & Sons HUF (Karta: Mr. Naveen Jindal)Individuals and Hindu undivided families	0.04%	36,515	0.00%
R K Jindal & Sons HUF (Karta: Mr. Ratan Jindal)Individuals and Hindu undivided families	0.04%	30,750	0.00%
Savitri Devi JindalIndividuals and Hindu undivided families	0.04%	36,515	0.00%
P R Jindal HUF (Karta: Mr. P R Jindal)Individuals and Hindu undivided families	0.02%	14,606	0.00%
Sminu JindalIndividuals and Hindu undivided families	0.01%	12,468	0.00%
S K Jindal & Sons HUF (Karta: Mr. Sajjan Jindal)Individuals and Hindu undivided families	0.01%	12,300	0.00%
Systran Multiventures Private LimitedIndian companies, trusts and others	0.00%	100	0.00%
Arti JindalIndividuals and Hindu undivided families	0.00%	10	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Shalimar Paints, filing by filing

Per cent, on the same shares as the split above.

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Zaki Abbas NasserResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.10%	1.15%	1.10%	1.05%	–	1.13%	1.18%	–	–	–	–
Veera GuptaResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	8.73%	8.62%	8.62%	8.62%	8.62%	8.62%	8.62%	8.62%	8.62%	8.62%	8.62%	8.62%	6.48%	6.48%	6.48%	6.48%	6.48%	6.48%	6.48%	5.59%	2.72%	2.59%	1.12%	1.07%	–	–	–	–	–	–	–
Vanaja Sundar IyerResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.57%	1.57%	–	–	–	–	–	–	–	–	–	–
Hella Infra Market Private LimitedCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	24.89%	24.99%	24.99%	24.99%	24.99%	24.99%	24.99%	21.56%	–	–	–	–	–	–	–	–	–	–	–
Hella Infra Market Private Limited - Open Offer Beetal Financial Computer Services PvtOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.05%	–	–	–	–	–	–	–	–	–	–	–
Rajasthan Global Securities Private LimitedNon-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.35%	2.17%	2.17%	2.17%	2.17%	2.88%	–	–	–	–	–	–	–	–	–	–	–
Ashok Kumar GuptaDirectors and their relatives	–	–	–	–	–	–	–	–	–	3.41%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	2.53%	2.53%	2.53%	2.53%	2.53%	2.53%	2.53%	2.18%	–	–	–	–	–	–	–	–	–	–	–
EQ India FundAlternative investment funds	–	–	–	–	–	–	1.69%	1.69%	1.69%	2.01%	1.99%	–	–	2.06%	2.06%	2.06%	2.06%	–	2.21%	2.21%	2.21%	1.55%	1.55%	1.55%	1.55%	1.55%	1.55%	1.55%	–	–	–	–	–	–	–	–	–	–	–	–
Daman Ishwardas GuptaResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.33%	1.21%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Ganesh SrinivasanResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	1.11%	1.11%	1.11%	1.17%	1.35%	1.36%	1.39%	1.39%	1.39%	1.39%	1.39%	2.05%	2.05%	1.77%	1.48%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Assured Fin - Cap Pvt LtdOther non-institutions	2.22%	2.22%	2.22%	2.22%	2.22%	2.22%	3.34%	3.51%	3.51%	1.47%	1.45%	1.45%	–	1.28%	1.28%	1.28%	1.28%	1.26%	1.26%	1.26%	1.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Equity Intelligence India Private LmitedOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.47%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Equity Intelligence India Private LimitedOther non-institutions	–	–	–	–	–	–	–	–	–	2.33%	2.35%	2.36%	–	1.84%	1.66%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Alternate Investment FundsAlternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	3.66%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Elsamma JosephOther non-institutions	–	–	–	–	–	–	1.04%	1.04%	1.04%	1.10%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
National Insurance Company LtdInsurance companies	1.76%	1.76%	1.76%	1.76%	1.76%	1.76%	1.48%	1.48%	1.48%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ASHA MUKUL AGRAWALResident individuals, over ₹2 lakh at face value	1.79%	1.79%	1.79%	1.58%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MATTHEWS EMERGING ASIA FUNDInstitutions Foreign Portfolio Investor	2.78%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.