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 witnessed significant developments in its shareholding structure as Smiti Holding and Trading Company Private Limited released pledges across multiple tranches with various financial entities. The comprehensive pledge releases were disclosed under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Multiple Pledge Release Transactions

The latest disclosure reveals that Smiti Holding executed several pledge releases with different financial institutions, demonstrating a systematic approach to reducing encumbered shareholding.

Updated Promoter Group Holdings

Following these multiple pledge releases, the promoter group's shareholding structure shows reduced encumbrance levels across the board.

Individual Promoter Holdings

The disclosure also provides a comprehensive breakdown of individual promoter and promoter group entity holdings, showing the diverse ownership structure within the promoter group.

Regulatory Compliance and Documentation

The comprehensive disclosure was filed by Smiti Holding and Trading Company Private Limited through its Managing Director Vita Jalaj Dani on December 19, 2025. The company maintains its registered address at Barodawala Mansion, Worli, Mumbai, with correspondence address at Jolly Makers Chambers, Nariman Point, Mumbai.

Market Implications

These systematic pledge releases across multiple financial entities indicate improved financial flexibility for the promoter group. The reduction in encumbered shareholding from multiple sources suggests a coordinated effort to strengthen the promoter's position while maintaining substantial stake in the paint manufacturer. The diversified approach to pledge releases with different financial institutions demonstrates prudent financial management.