NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 03:57 pm

Disclosure under SEBI Takeover Regulations

Asian Paints Limited · ASIANPAINT

✦ AI Summary

Asian Paints' promoter group members, Nehal Abhay Vakil, Bhairavi Abhay Vakil, and Vivek Abhay Vakil, along with Persons Acting in Concert (PACs), have submitted a disclosure under SEBI Takeover Regulations 31(4). They declare that no new encumbrances (pledges) have been created on their shares, directly or indirectly, beyond what was already disclosed during the financial year 2025-26. The filing also confirms their compliance with SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90.

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Earnings Impact5/10
Growth Catalyst5/10
Governance Concern3/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Nehal Abhay Vakil, Bhairavi Abhay Vakil, Vivek Abhay Vakil has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 To, To, The BSE Limited, National Stock Exchange of India Limited Corporate Relations Department, Exchange Plaza Block G, C 1, BSE Limited Bandra Kurla Complex, G Block BKC, P. J. Towers, Dalal Street, Bandra Kurla Complex, Bandra East, Mumbai 400001 Mumbai, Maharashtra 400051 We, Nehal Abhay Vakil, Bhairavi Abhay Vakil and Vivek Abhay Vakil hereby declare that, we along with Persons Acting in Concert, have not made any encumbrance, directly or indirectly, other than those already disclosed during the financial year 2025-26. We, along with Persons Acting in Concert confirm compliance with SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated 7th August 2019. Place: Mumbai Date: 06.04.2026 Nehal Abhay Vakil Bhairavi Abhay Vakil Vivek Abhay Vakil (Name and Signature) (Name and Signature) (Name and Signature) Encl As Above The Audit Committee Asian Paints Limited 6A/6B, Shantinagar, Santacruz (East), Mumbai – 400 055. Name of Target Company : Asian Paints Limited Name(s) of the Person and Persons Acting in Concert(PAC) with the Category person Whether the person belongs to Promoter/Promoter Group NEHAL ABHAY VAKIL YES Promoter LATE ABHAY ARVIND VAKIL YES Promoter ABHAY ARVIND VAKIL HUF, KARTA, (VIVEKABHAY VAKIL) YES Promoter Group VAKIL HUF, KARTA, (VARUN AMAR VAKIL) YES Promoter Group AMRITA AMAR VAKIL YES Promoter Group LATE AMAR ARVIND VAKIL YES Promoter Group AMAR ARVIND VAKIL HUF, KARTA, (VARUN AMAR VAKIL) YES Promoter Group LATE ASHA SUBHASH GUJARATHI YES Promoter Group BHAIRAVI ABHAY VAKIL YES Promoter DIPIKA AMAR VAKIL YES Promoter Group GAYATRI SUBHASH GUJARATHI YES Promoter Group HRISHAV VARUN VAKIL YES Promoter Group NYRA VARUN VAKIL YES Promoter Group RAGINI VARUN VAKIL YES Promoter Group VARUN AMAR VAKIL YES Promoter Group VIVEK ABHAY VAKIL. YES Promoter ASTEROIDS TRADING AND INVESTMENTS PRIVATE LIMITED YES Promoter Group ELCID INVESTMENTS LIMITED YES Promoter Group JALAJ TRADING & INVESTMENT COMPANY PRIVATE LIMITED YES Promoter Group LAMBODAR INVESTMENTS AND TRADING COMPANY LIMITED YES Promoter Group MURAHAR INVESTMENTS AND TRADING COMPANY LIMITED YES Promoter Group NEHAL TRADING AND INVESTMENTS PRIVATE LIMITED YES Promoter Group SUPTASWAR INVESTMENTS AND TRADING COMPANY LIMITED YES Promoter Group STACK PACK LIMITED YES Promoter Group UNNATI TRADING AND INVESTMENTS PRIVATE LIMITED YES Promoter Group VIKATMEV CONTAINERS LTD YES Promoter Group DIPIKA CHEMICALS PRIVATE LIMITED YES Promoter Group Nehal Abhay Vakil Bhairavi Abhay Vakil Vivek Abhay Vakil Promoter Promoter Promoter Place: Mumbai Date: April 06, 2026