The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 06, 2025 for Satyen A. Gandhi
ASIANPAINT · price
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Promoter Satyen A. Gandhi has disclosed the creation of a pledge on 75,000 shares of Asian Paints (about 0.01% of total share capital) in favour of HDFC Bank Ltd as collateral for a business-purpose loan. The pledge was created on 30th May 2025 and reported to the exchanges on 6th June 2025. After this pledge, his total encumbered holding rises to 12,51,500 shares (0.13% of total share capital), out of his total holding of 37,25,954 shares (0.39%). The disclosure also lists the encumbrance status of the wider promoter and PAC group, but the only new event reported is this single small pledge creation by Satyen A. Gandhi.
This is a routine, small-scale pledge creation (0.01% of capital) by one promoter for a business loan. It is not material to the stock price and does not signal any stress, stake change, or promoter selling.