Shalimar Paints Limited — Increase in Authorised Capital

Shalimar Paints Limited has made a change to its authorised capital. This means the company has increased the maximum amount of shares it is allowed to issue. The increase in authorised capital can be a sign that the company is planning to raise more funds or expand its operations. This could have implications for existing shareholders and the overall ownership structure of the company. Investors should watch for further announcements from the company to understand the reasons behind the increase in authorised capital and how it may impact their investments.