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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