The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 17, 2025 for Smiti Holding & ....

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

+0.7%Reaction day

₹2478.00

prior close

₹2506.90

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.2%+0.9% vs market

Paints peers, median of 8sector-0.3%+1.0% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty 100 and 1.0 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

-0.1

15m

-0.1

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7-0.2+0.9-0.3+1.0

Next day

+0.1-0.6+0.6-0.6+0.7

-1.1-0.8-0.4-1.0-0.1

-0.8-1.3+0.5-1.4+0.6

-3.0-2.0-1.0-1.5-1.5

-5.5-3.0-2.4-3.3-2.2

-5.0-3.0-2.0-3.0-2.1

15d

-5.4-0.8-4.6-2.5-3.0

+1.5+1.4+0.1-2.6+4.1

+16.7+2.1+14.6-2.3+19.0

+12.5+1.6+11.0-4.8+17.3

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

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

AI summary

Smiti Holding and Trading Company Private Limited, a promoter of Asian Paints, disclosed under SEBI SAST Regulations that it released a pledge on 14,00,000 shares (0.15% of total share capital) on September 15, 2025. The shares had been pledged with Citicorp Finance (India) Limited as collateral for a loan. After this release, Smiti Holding still has 3,78,11,000 shares (3.94%) encumbered out of its 5,17,67,638 shareholding (5.40%). The total promoter group holds 50,47,85,198 shares (52.63% of Asian Paints), with 4,88,43,727 shares (5.09%) currently pledged across the group.

Likely market impact

A pledge release is generally viewed positively as it reduces the encumbrance burden on the promoter and signals improved financial flexibility. The promoter group continues to hold a comfortable majority stake of 52.63%, and only a small portion (5.09%) of promoter shares remain pledged, which is unlikely to be a material concern for shareholders.