Asian Paints promoters confirm no new encumbrance in FY26

5 min read     Updated on 01 Jul 2026, 07:19 AM
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Promoters of Asian Paints Ltd, including the Vakil family and Manish Mahendra Choksi, have confirmed no new encumbrance on shares for FY26. The declarations comply with SEBI regulations and list all associated promoter group entities.

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Promoters of Asian Paints Ltd have confirmed that they, along with Persons Acting in Concert (PAC), did not create any new encumbrance on their shares during the financial year 2025-26. Separate declarations were submitted by the Vakil family promoter group and promoter Manish Mahendra Choksi. These filings ensure that no additional charges or liens were established beyond those previously disclosed, providing shareholders with transparency regarding the holding status of the promoter group during the specified period.

The filings were made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. They also confirm adherence to SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 7, 2019. The disclosure from the Vakil family was signed by promoters Nehal Abhay Vakil, Bhairavi Abhay Vakil, and Vivek Abhay Vakil on April 06, 2026. Manish Mahendra Choksi submitted his declaration on April 07, 2026.

The declarations list the individuals and entities comprising the promoter and promoter groups. The Vakil family list includes specific family members and various investment and trading companies. Manish Mahendra Choksi's list includes his family members and associated entities such as Castle Investment & Industries Private Limited and Centaurus Trading and Investments Pvt. Ltd.

The following table details the names of the promoters and promoter group entities included in the declarations:

Name of Person / PAC Promoter / Promoter Group Category
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
MANISH MAHENDRA CHOKSI YES Promoter
MANISH MAHENDRA CHOKSI KARTA FOR MANISH MAHENDRA CHOKSI HUF YES Promoter Group
ASHISH ASHWIN CHOKSI YES Promoter Group
ASHISH ASHWIN CHOKSI KARTA FOR ASHISH ASHWIN CHOKSI HUF YES Promoter Group
AASHAY ASHISH CHOKSI YES Promoter Group
AMI MANISH CHOKSI YES Promoter Group
AMREEN SETHI YES Promoter Group
ANAY RUPEN CHOKSI YES Promoter Group
ANANT RAGHUVIR BHAT YES Promoter Group
ARHAAN ANANT BHAT YES Promoter Group
ARYAN JIGISH CHOKSI YES Promoter Group
BINITA ASHISH CHOKSI YES Promoter Group
DRUHI ASHISH CHOKSI YES Promoter Group
JIGISH SHAILESH CHOKSI YES Promoter Group
MAHENDRA CHIMANLAL CHOKSI YES Promoter Group
MAHENDRA CHIMANLAL CHOKSI KARTA FOR MAHENDRA CHIMANLAL CHOKSI HUF YES Promoter Group
NYSA RUPEN CHOKSI YES Promoter Group
PRAFULLIKA SHAILESH CHOKSI YES Promoter Group
PRIYANKA JIGISH CHOKSI YES Promoter Group
REHAAN ANANT BHAT YES Promoter Group
RHEA AMIT SETHI YES Promoter Group
RICHA MANISH CHOKSI YES Promoter Group
RITA MAHENDRA CHOKSI YES Promoter Group
RUPAL ANANT BHAT YES Promoter Group
RUPEN ASHWIN CHOKSI YES Promoter Group
JIGISH SHAILESH CHOKSI KARTA FOR SHAILESH CHIMANLAL CHOKSI HUF YES Promoter Group
URVASHI ASHWIN CHOKSI YES Promoter Group
VISHAL SHAILESH CHOKSI YES Promoter Group
CASTLE INVESTMENT & INDUSTRIES PRIVATE LIMITED YES Promoter Group
CENTAURUS TRADING AND INVESTMENTS PVT.LTD. YES Promoter Group
DOLI TRADING AND INVESTMENTS PRIVATE LIMITED YES Promoter Group
ELF TRADING AND CHEMICAL MANUFACTURING PRIVATE LIMITED YES Promoter Group
JALDHAR INVESTMENTS AND TRADING COMPANY PRIVATE LIMITED YES Promoter Group
LYON INVESTMENT & INDUSTRIES PRIVATE LIMITED YES Promoter Group
RIASH RENEWABLE MATERIALS PRIVATE LIMITED YES Promoter Group
RUPEN INVESTMENT & INDUSTRIES PRIVATE LIMITED YES Promoter Group
SATYADHARMA INVESTMENTS AND TRADING COMPANY PRIVATE LTD. YES Promoter Group
SUDHANVA INVESTMENTS AND TRADING COMPANY PRIVATE LIMITED YES Promoter Group
TRU TRADING AND INVESTMENTS PVT. LIMITED YES Promoter Group
ACC AP TRUST YES Promoter Group

The documents were addressed to the Corporate Relations Department of BSE Limited and the National Stock Exchange of India Limited. The confirmation covers the financial year 2025-26, reinforcing the regulatory compliance maintained by the company's promoters.

Historical Stock Returns for Asian Paints

1 Day5 Days1 Month6 Months1 Year5 Years
+0.52%-0.44%-0.83%-3.95%+13.17%-11.47%

How will the absence of new encumbrances impact Asian Paints' ability to raise capital for future expansion or acquisitions?

What are the potential strategic implications for the company given the high number of promoter group entities listed in the declaration?

Could this clean holding status signal a shift in promoter strategy towards maintaining a tighter grip on ownership in the coming years?

Asian Paints promoters confirm no encumbrance on shares in FY26

2 min read     Updated on 23 Jun 2026, 03:00 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

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.

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*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 Day5 Days1 Month6 Months1 Year5 Years
+0.52%-0.44%-0.83%-3.95%+13.17%-11.47%

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?

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