Asian Paints promoters confirm no encumbrance on shares in FY26
Promoters of Asian Paints Limited, along with Persons Acting in Concert, confirmed they did not create any encumbrance on their shares during FY26, aside from prior disclosures. The declaration dated April 06, 2026, complies with SEBI regulations and covers 24 promoter and promoter group entities.

*this image is generated using AI for illustrative purposes only.
Promoters of Asian Paints Limited have confirmed that they, along with Persons Acting in Concert (PAC), have not created any encumbrance on their shares during the financial year 2025-26, other than those previously disclosed. The declaration, submitted to the stock exchanges, ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure provides transparency regarding the holding status of the company's key stakeholders.
The filing was signed by promoters Nehal Abhay Vakil, Bhairavi Abhay Vakil, and Vivek Abhay Vakil on April 06, 2026. It confirms adherence to SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 7, 2019. The declaration was addressed to the Corporate Relations Department of BSE Limited and the National Stock Exchange of India Limited.
The disclosure covers a comprehensive list of 24 entities identified as promoters or members of the promoter group. The list includes individuals and various private limited investment companies associated with the promoter group.
Promoter and PAC Details
| Name of Person / PAC | Promoter / Promoter Group | Category |
|---|---|---|
| Nehal Abhay Vakil | Yes | Promoter |
| Late Abhay Arvind Vakil | Yes | Promoter |
| Abhay Arvind Vakil HUF | Yes | Promoter Group |
| Vakil HUF | Yes | Promoter Group |
| Amrita Amar Vakil | Yes | Promoter Group |
| Late Amar Arvind Vakil | Yes | Promoter Group |
| Amar Arvind Vakil HUF | 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 |
Historical Stock Returns for Asian Paints
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.16% | -2.67% | +2.82% | -4.50% | +17.90% | -12.86% |
Will the absence of new encumbrances encourage the promoters to increase their stake in Asian Paints in the upcoming fiscal year?
How might this clean holding status influence institutional investor confidence and the stock's valuation in the short term?
Are there any strategic mergers, acquisitions, or capital expenditure plans on the horizon that might require promoters to leverage their shares?
































