Asian Paints Promoter Smiti Holding Pledges Shares

Smiti Holding and Trading Company Private Limited, a promoter of Asian Paints Limited, has disclosed the creation of an encumbrance on its shares. Specifically, 3,42,17,000 shares have been pledged as collateral for a loan from Jio Credit Limited. This action represents 3.57% of the total share capital. The disclosure was made on August 26, 2026, in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total promoter holding by Smiti Holding is 5.36% of the company's share capital.