Asian Paints Limited, a leading paint manufacturer in India, has announced a crucial board meeting scheduled for November 12, 2025. The meeting will address several important matters, including the company's financial results and potential dividend declaration.

Financial Results Review

The board of directors will convene to approve the following financial results:

1. Audited standalone financial results for the quarter and half-year ended September 30, 2025
2. Unaudited consolidated financial results for the quarter and half-year ended September 30, 2025

These results will provide insights into Asian Paints' performance during the second quarter of the fiscal year 2025-26.

Interim Dividend Consideration

One of the key agenda items for the board meeting is the consideration of an interim dividend for the financial year ending March 31, 2026. If declared, the company has set the record date for this potential dividend as November 18, 2025.

Trading Window Closure

In compliance with regulatory requirements and the company's internal Code of Conduct, Asian Paints has implemented a trading window closure. The trading window for the company's securities, which has been closed since September 19, 2025, will remain closed until November 14, 2025. This measure is designed to prevent insider trading and ensure fair market practices during the sensitive period leading up to the financial results announcement.

Investor Conference

To keep the investment community informed, Asian Paints has scheduled an investor conference for November 12, 2025. During this conference, the management will provide a detailed briefing on the company's performance for the quarter and half-year ended September 30, 2025. This event offers an opportunity for investors and analysts to gain deeper insights into the company's financial health and operational performance.

Additional Information

According to the LODR (Listing Obligations and Disclosure Requirements) filing, R J Jeyamurugan, CFO, Company Secretary & Compliance Officer, has signed the official intimation to the stock exchanges. The company has assured that details of the investor conference will be published on Asian Paints' official website ( www.asianpaints.com ) in due course.

Investors and stakeholders are advised to mark these dates and stay tuned for the outcomes of the board meeting, which will provide valuable information about Asian Paints' financial position and shareholder returns for the period under review.

Asian Paints Limited, one of India's leading paint manufacturers, saw a significant development in its shareholding structure on September 15, 2025. Smiti Holding and Trading Company Private Limited, a key promoter of Asian Paints, released its pledge on 14,00,000 equity shares of the company.

Pledge Release Details

The shares were previously pledged to Citicorp Finance (India) Limited for loan purposes. This release of pledge represents approximately 0.15% of Asian Paints' total share capital.

Impact on Shareholding

Despite this release, Smiti Holding's total shareholding in Asian Paints remains unchanged at 5,17,67,638 shares, which accounts for 5.40% of the company's share capital. However, the number of encumbered shares held by Smiti Holding has decreased.

Current Encumbrance Status

Following the pledge release:

• Smiti Holding's encumbered shares: 3,78,11,000 (3.94% of share capital)
• Total promoter and promoter group holding: 50,47,85,198 shares (52.63% of total share capital)
• Total encumbered shares of promoter group: 4,88,43,727 shares (5.09% of total share capital)

Significance of the Move

This release of pledge by Smiti Holding could be seen as a positive sign, potentially indicating reduced financial obligations or improved liquidity position. However, it's important to note that a significant portion of their holdings still remains encumbered.

Promoter Group Holdings

The LODR data reveals that the promoter and promoter group of Asian Paints consists of various individuals and entities. Some of the major shareholders include:

Regulatory Compliance

The disclosure of this pledge release was made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, demonstrating Asian Paints' commitment to transparency in its shareholding structure.

As Asian Paints continues to be a major player in the Indian paint industry, such changes in promoter shareholding patterns are closely watched by investors and market analysts for potential implications on the company's governance and financial strategies.