Smiti Holding pledges 3.57% Asian Paints shares to Jio Credit for loan

Ownership Changes View source PDF Explain this filing

ASIANPAINT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹2636.00

prior close

₹2637.90

announcement price

After-mkt

timing

Nifty 100market-0.4%+1.0% vs market

Paints peers, median of 8sector-0.2%+0.8% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty 100 and 0.8 pts more than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.0

15m

+0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-0.4+1.0-0.2+0.8

Next day

-1.6-0.2-1.4-2.0+0.4

+0.7-0.6+1.3-1.5+2.1

-2.8-0.9-1.9-1.7-1.1

-4.1-1.4-2.7-2.6-1.5

-3.5-1.5-2.0-0.2-3.3

-5.2-1.9-3.2-1.7-3.4

15d

-6.5-3.5-3.0-6.8+0.3

-8.2-5.8-2.3-8.7+0.5

-13.6-6.7-6.9-8.8-4.8

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UpDownMarket · Nifty 100Sector · Paints peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Smiti Holding and Trading Company, a promoter of Asian Paints, created a pledge on 3,42,17,000 shares (3.57 percent of total share capital) on August 26, 2026 in favour of Jio Credit Limited for a loan. Post this event, Smiti Holding's encumbered shares stand at 3,52,59,000 (3.68 percent). The overall promoter group holds 52.65 percent of Asian Paints, with 5.08 percent encumbered after this pledge.

Likely market impact

Promoter raising debt against shares; routine but trackable. Watch for any future invocation or further pledging.