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

Pledge ReleasedOwnership 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

+0.5%Reaction day

₹2736.00

prior close

₹2751.30

announcement price

In-mkt

timing

Nifty 100market+0.5%+0.0% vs market

Paints peers, median of 8sector+0.2%+0.3% vs sector

On the reaction day the stock moved in line with Nifty 100 and 0.3 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

+0.3

15m

+0.4

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+0.5+0.0+0.2+0.3

Next day

-0.0+0.9-1.0-0.4+0.4

+0.6+1.3-0.7-1.8+2.4

+0.0+0.7-0.7+1.0-1.0

-2.3+1.2-3.5+0.9-3.2

-2.7-0.0-2.7-0.6-2.1

-3.5+0.8-4.3-0.6-2.9

15d

-2.4-0.1-2.3-4.8+2.4

-2.5+0.8-3.3-5.1+2.6

-1.8+2.2-4.0+1.2-2.9

-11.7-2.5-9.2-9.2-2.5

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

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

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.