Asian Paints promoter Smiti Holding discloses share pledge details

1 min read     Updated on 16 Jun 2026, 10:16 AM
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Smiti Holding and Trading Company Private Limited disclosed the pledge and release of equity shares in Asian Paints Limited on June 15, 2026. The filing details the promoter group's total holding of 45,33,42,560 shares, with 1,14,36,727 shares pledged. The disclosure was submitted to BSE and NSE in compliance with SEBI regulations.

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Smiti Holding and Trading Company Private Limited has disclosed the creation and release of pledges on equity shares held by the promoter group in Asian Paints Limited . The disclosure, submitted on June 15, 2026, was made to BSE Limited and The National Stock Exchange of India Limited in compliance with regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing provides a comprehensive breakdown of the shareholding pattern within the promoter group, detailing both the total number of shares held and the quantity of pledged shares. The data reflects the status as of the reporting date, covering various individuals and promoter group entities.

Shareholding and Pledge Details

The disclosure lists the shareholding of key promoter group entities and individuals. The total promoter group holding stands at 45,33,42,560 shares, representing 47.26% of the company's share capital. The total pledged shares within the promoter group amount to 1,14,36,727 shares, accounting for 1.19% of the total share capital.

Promoter Group Entity Total Shares Held % of Total Shares Pledged Shares % of Pledged Shares
Sattva Holding and Trading Private Limited 5,47,89,183 5.71 6,251,000 0.65
Geetanjali Trading and Investments Private Limited 4,57,06,140 4.77 2,500,000 0.26
Elcid Investments Limited 2,83,13,860 2.95 0 0.00
Shubhit Holdings Private Limited 2,31,50,730 2.41 0 0.00
Sudhanva Investments and Trading Company Private Limited 1,90,01,760 1.98 0 0.00
Total Promoter Group 45,33,42,560 47.26 1,14,36,727 1.19

The document was signed by Vita Jalaj Dani, Managing Director and Authorised Signatory of Smiti Holding and Trading Company Private Limited. The disclosure ensures transparency regarding the encumbrance status of shares held by the promoters.

Historical Stock Returns for Asian Paints

1 Day5 Days1 Month6 Months1 Year5 Years
-0.37%+1.10%+5.08%-1.90%+21.97%-9.30%

What are the potential reasons behind the decision to release pledges on specific promoter group shares at this time?

How might the reduction in pledged shares impact investor confidence and the stock's volatility in the near term?

Could this move indicate a shift in the promoter group's financial strategy or future capital requirements?

Asian Paints 80th AGM scheduled for July 9, 2026

1 min read     Updated on 15 Jun 2026, 05:26 PM
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Asian Paints Limited has announced its 80th Annual General Meeting for July 9, 2026, via video conference to approve the final dividend for the financial year ended March 31, 2026. The record date for dividend entitlement is June 23, 2026, with payment scheduled on or after July 13, 2026. Remote e-voting is available from July 5 to July 8, 2026.

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Asian Paints Limited has scheduled its 80th Annual General Meeting (AGM) for Thursday, July 9, 2026, at 11:00 a.m. IST via video conference. The meeting will be held to transact business including the approval of the final dividend for the financial year ended March 31, 2026. The record date for determining shareholder entitlement for the final dividend is Tuesday, June 23, 2026. If approved, the dividend will be paid on or after Monday, July 13, 2026.

E-Voting Details

The company has provided remote e-voting facilities for shareholders. The remote e-voting period begins on Sunday, July 5, 2026, at 9:00 a.m. IST and closes on Wednesday, July 8, 2026, at 5:00 p.m. IST. The cut-off date for e-voting is Thursday, July 2, 2026. Shareholders can cast their votes through the NSDL e-voting website at www.evoting.nsdl.com using the EVEN 139609.

AGM Information

The deemed venue for the AGM is the Registered Office of the Company. The Notice of the AGM and the Integrated Annual Report for FY 2025-26 have been sent electronically to shareholders with registered email addresses. Physical letters containing weblinks have been dispatched to other shareholders. The Board has appointed Mr. Makarand Joshi and Ms. Kumudini Bhalerao as Scrutinizers for the voting process.

AGM Detail Information
Date & Time Thursday, July 9, 2026 at 11:00 a.m. IST
Mode Video Conference / Audio Visual Means
Final Dividend Record Date Tuesday, June 23, 2026
Final Dividend Payment Date On or after Monday, July 13, 2026
Remote E-Voting Period July 5, 2026 (9:00 a.m.) to July 8, 2026 (5:00 p.m.) IST

Historical Stock Returns for Asian Paints

1 Day5 Days1 Month6 Months1 Year5 Years
-0.37%+1.10%+5.08%-1.90%+21.97%-9.30%

What guidance will management provide regarding raw material cost inflation and margin outlook for FY27?

How does the company plan to navigate the competitive landscape and rural demand slowdown in the upcoming fiscal year?

Will the Board signal any changes in capital allocation policy, such as increased buybacks or special dividends, given the strong cash flow?

More News on Asian Paints

1 Year Returns:+21.97%