StockWatch
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Paints
Shareholding19 Sept 2026, 03:30 pm

Asian Paints: Promoter Group Inter-Se Share Transfer of 1.64 Lakh Shares

AI Summary

Smiti Holding and Trading Company Pvt Ltd, an Asian Paints promoter group entity, disclosed an inter-se transfer of 1,64,000 equity shares. This transaction, conducted via a block deal window mechanism on September 17, 2026, increased Smiti Holding's stake from 5.363% (5,14,42,638 shares) to 5.380% (5,16,06,638 shares). The disclosure clarifies that the aggregate shareholding of the Promoter and Promoter Group remains unchanged, indicating a transfer between entities within the promoter group.

Key Highlights

  • Promoter group entity Smiti Holding acquired 1,64,000 shares.
  • The acquisition was an inter-se transfer via block deal mechanism.
  • Smiti Holding's stake increased from 5.363% to 5.380%.
  • Overall promoter group shareholding remains unchanged post-transaction.
  • The transaction took place on September 17, 2026.