ASIAN PAINTS LTD.
Asian Paints Seeks Reclassification of Vijal Holding from Promoter(s) Group to Public Category
Dec 03 2024 | 8 months agoAsian Paints Ltd. has submitted an application to the stock exchanges for reclassifying Vijal Holding and Trading Company Private Limited from the Promoter(s) Group category to the Public category. This decision comes after the approval from the Board of Directors of the Company, held on 9th November 2024, where they agreed to the request from Vijal Holding, which does not hold any shares in the Company. The reclassification is subject to approval from the stock exchanges and any other necessary approvals, consents, or confirmations.
- Asian Paints seeks reclassification of Vijal Holding from Promoter(s) Group to Public category
- Vijal Holding does not hold any shares in Asian Paints
- Reclassification subject to stock exchange approval and other necessary approvals
- Board of Directors approved the request on 9th November 2024
- Asian Paints to make necessary disclosures on material developments within prescribed timelines