Shalimar Wires Industries Ltd Approves Key Appointments and Announces Extra Ordinary General Meeting
The Board of Directors of Shalimar Wires Industries Ltd, during a meeting held in Kolkata on July 4, 2026, sanctioned significant corporate actions, including the appointment of an additional independent director and the scheduling of an Extra Ordinary General Meeting (EGM).A key outcome of the board proceedings was the approval for the appointment of Mr. Sanjay Kumar Kaushik (DIN: 00329013) as an Additional Director on the company's Board of Directors. This appointment is subject to the subsequent approval of the shareholders of Shalimar Wires Industries Ltd.
To convey these decisions and other matters, the company will convene an Extra Ordinary General Meeting (EGM). The EGM is scheduled to take place on Tuesday, August 25, 2026, at 11:30 A.M. Shareholders can attend the meeting through Video Conferencing (VC) or other Audio-Visual Means (OAVM).
Details of the board action and the upcoming shareholder meeting are as follows:
| Event | Date/Timing | Details |
|---|---|---|
| Board Meeting Held | July 4, 2026 | Outcomes approved by the Directors. |
| EGM Scheduled | August 25, 2026 (11:30 A.M.) | Via Video Conferencing or OAVM. |
| New Appointment | Mr. Sanjay Kumar Kaushik (DIN: 00329013) | Additional Director (Independent Category), subject to shareholder approval. |
Stock Price Movement
Shalimar Wires Industries Ltd. shares settled on Friday at ₹17.89, slipping by 0.61% in the post-market session. The stock traded within a notable intraday range, hitting a low of ₹17.28 before recovering to an intraday high of ₹18.20.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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