Announced Tue, 30 Jun · 12:48 IST
Director Manish Choksi files encumbered shares disclosure under SEBI takeover rules
Ownership Changes View source PDF
ASIANPAINT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹2665.00
prior close
₹2667.70
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AI summary
Manish Mahendra Choksi, a director of Asian Paints, has submitted a disclosure under Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011. This rule applies to persons holding over 25 percent of shares or voting rights and requires them to disclose details of encumbered shares. The filing was made with the exchange; specific numbers and changes were not included in the headline.
Likely market impact
Likely a routine regulatory disclosure; actual impact depends on whether pledged shares were created, released or invoked, details of which are not in the filing.