The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 26, 2025 for Hiren A Gandhi
ASIANPAINT · price
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Awaiting price reaction for this filing.
Hiren A Gandhi, part of the Asian Paints promoter group, has filed an SAST disclosure reporting a release (de-pledging) of encumbered shares of Asian Paints. The release covers 13,52,227 shares (0.14% of total share capital) on November 20, 2025, with 12,94,227 shares de-pledged to Julius Baer Capital (India) Pvt Ltd and 58,000 shares released under 'loan against shares'. After the release, Hiren A Gandhi's encumbered holding drops from 13,52,227 shares (0.14%) to 58,000 shares (0.01%), while his overall promoter holding remains at 37,06,265 shares (0.39%). This is a routine disclosure of a loan repayment/unwind rather than a sale of shares, indicating reduced leverage on promoter-held shares.
Positive signal — de-pledging reduces promoter leverage and lowers risk of forced share sales. The quantity is small (0.14% of capital), so the impact on share price is expected to be minimal.