The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 18, 2026 for Sattva Holding and Trading Pvt Ltd
ASIANPAINT · price
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On the reaction day the stock moved 0.4 pts more than Nifty 100 and 0.3 pts less than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sattva Holding and Trading Pvt Ltd, a promoter entity of Asian Paints, has filed a disclosure under SEBI SAST Regulations regarding changes in pledged (encumbered) shares of the company. The promoter created encumbrance on 8,75,000 equity shares as collateral for a loan, while invoking/releasing encumbrance on 28,50,000 equity shares across multiple transactions dated March 16, 2026. Promoter holding remains steady at 5,47,89,183 shares (about 50.18% of total share capital), but the already-encumbered portion dropped from 82,26,000 shares to 59,38,500 shares — a net decline of roughly 22.87 lakh pledged shares. The releases were mainly linked to loan repayments and closure of pledge/undertaking arrangements with lenders.
Net positive for shareholders — the promoter group has substantially reduced the number of pledged shares, lowering the risk of forced selling in the open market. Lower encumbrance typically improves confidence in promoter stability and is viewed favorably by the market.