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As on : 11-Nov-2026
Corporate News
11-Nov-2026      17:48

Shalimar Paints Limited’s auditor Walker Chandiok resigned over a share swap with Hella Infra

Shalimar Paints Limited announced that Walker Chandiok & Co. LLP has resigned as its statutory auditor, effective November 11, 2026, citing the proposed share swap transaction that will make Hella Infra Market Limited a subsidiary of Shalimar Paints Limited. The resignation was tendered after the completion of a Limited Review Report for the quarter ended September 30, 2026, and the firm noted they would be unable to achieve the requisite level of group audit coverage due to the transaction.

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