The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Upnishad Holdings Pvt Ltd
ASIANPAINT · price
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Upnishad Holdings Private Limited, part of the promoter and promoter group of Asian Paints, has disclosed an inter-se transfer of 3,25,000 equity shares (0.034% of total share capital) executed on 23rd February 2026 through the block deal window mechanism. Upnishad Holdings' individual holding in Asian Paints increased from 37,73,430 shares (0.393%) to 40,98,430 shares (0.427%). The document clarifies that both the acquirer and seller belong to the promoter/promoter group, and the aggregate shareholding of the promoter group remains unchanged before and after the transaction. This is essentially a reshuffling of shares within the promoter family entities.
No material impact on shareholders or stock price expected — this is an internal reshuffle among promoter group entities with no change in aggregate promoter ownership. Investors should note it only as a routine administrative disclosure of how shares are distributed within the Dani family holding structure.