As of December 2025, 74.96% is owned by Indian Promoters and 25.04% by Public.

Institutional holds 0.07% (Insurance Companies 0.03%) and Non-Institutional holds 24.96% as Public shareholders.

Top five Promoters holding highest number of shares of Shalimar Paints company are Hella Infra Market Limited (442.43 lakhs shares / 52.85%), Virtuous Tradecorp Private Limited (105.68 lakhs shares / 12.62%), JSL Limited (26.82 lakhs shares / 3.20%), Hexa Securities and Finance Company Limited (15.00 lakhs shares / 1.79%) and Nalwa Sons Investments Limited (13.73 lakhs shares / 1.64%).

Out of 627.51 lakhs shares, Promoters of Shalimar Paints Company has over 442.43 lakhs (70.50%) shares on pledge as of December 31, 2025.