Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Update to disclosure dated June 12, 2025.
RELIANCE · price
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Reliance Industries has completed the sale of its remaining 87,15,635 equity shares in Asian Paints at an average price of Rs. 2,207.65 per share on June 16, 2025. This is an update to an earlier disclosure dated June 12, 2025, under SEBI Listing Regulations. The total value of shares sold comes to roughly Rs. 1,924 crore. This marks the full exit of RIL's investment in Asian Paints, which had been held as a financial investment.
This is a financial portfolio transaction with no direct impact on RIL's core operations. Shareholders may see a modest positive from the realised gains, but it is unlikely to move the stock price meaningfully as Asian Paints was not a strategic or core holding.