I can make TPanel Border as Black by disabling "Ctl3D" and TPanel Border Style as "bsSingle" and TPanel BevelKind as "bkNone" and TPanel BevelInner "bvNone". But my need is to make TPanel Border as "Blue" or "Red". The other way is to "Caliing Form Paint Event" but I do not wish to use it. Please help me.
Your only way to go is:
TCustomPanel.Paint
code in Vcl.ExtCtrls.pas
and TPanel
(class) to tailor it to your requirement; You may use a interposer class in the form unit containing your panel.