Promoter Smiti Holding pledges 11.47L shares, releases 32.35L shares

Pledge ReleasedOwnership Changes View source PDF

ASIANPAINT · price

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▲ 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

-0.0%1-day move

₹2736.00

prior close

₹2751.30

base price

In-mkt

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AI summary

Promoter Smiti Holding (5.36% stake in Asian Paints) pledged 11.47L fresh shares (0.12%) to Jio Credit on Jun 11, then released 32.35L shares (0.34%) earlier pledged with Barclays, Tata Capital, and Bajaj Finance on Jun 15. Net pledged shares of Smiti Holding fell to 3.62 cr (3.78%). Total promoter group holding remains at 52.63% of paid-up capital.

Likely market impact

Net release of pledged shares reduces encumbrance; overall minimal impact on stock or shareholder value.