Smiti Holding pledges 3.62 crore Asian Paints shares to Bajaj Finance

Pledge Above 50pctOwnership Changes View source PDF Explain this filing

ASIANPAINT · price

Loading chart…

▲ 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

+1.1%Reaction day

₹2721.00

prior close

₹2722.60

announcement price

In-mkt

timing

Nifty 100market+0.1%+1.0% vs market

Paints peers, median of 8sector+1.0%+0.1% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty 100 and 0.1 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

+0.0

10m

+0.2

15m

+0.2

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.1+1.0+1.0+0.1

Next day

+0.0-0.3+0.4-0.3+0.3

-0.2-0.4+0.3-1.3+1.1

+0.7-0.6+1.3-0.7+1.4

-0.9-0.7-0.2+0.8-1.7

-1.2-1.0-0.2+0.8-2.1

-3.3-1.8-1.5-1.0-2.3

15d

-2.5-1.9-0.6-3.7+1.2

-8.2-4.2-4.0-4.8-3.4

-14.3-8.9-5.4-10.5-3.9

—————

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 entity Smiti Holding and Trading Company pledged 3.62 crore additional shares of Asian Paints (3.78 percent of capital) to Bajaj Finance on Aug 6, 2026, taking Smiti's total pledged shares to 4.04 crore (4.21 percent). Smiti holds 5.36 percent in Asian Paints; nearly 79 percent of Smiti's own holding is now pledged. Total promoter group holding stands at 52.63 percent, with 5.58 percent of total share capital encumbered.

Likely market impact

Around 79 percent of Smiti Holding's Asian Paints stake is now pledged, raising concern over promoter leverage and possible margin call risk.