NSEDisclosure under SEBI Takeover Regulations19 Jun 2026 · 19 Jun 2026, 12:42 pm
Disclosure under SEBI Takeover Regulations
Asian Paints Limited · ASIANPAINT
✦ AI Summary
Asian Paints Limited announced a disclosure under Regulation 31(4) of the SEBI Takeover Regulations from promoters Nehal Abhay Vakil, Bhairavi Abhay Vakil, and Vivek Abhay Vakil. They, along with Persons Acting in Concert, declared that no new encumbrances (pledges) have been created on their shares during the financial year 2025-26, beyond those already disclosed. This declaration also confirms compliance with relevant SEBI regulations, including Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90. For investors, this signifies transparency and stability in the promoter's shareholding, reassuring them of adherence to regulatory norms regarding share encumbrances.
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.