Asian Paints has announced a transfer of shares within its promoter group following the demise of Shailesh Chimanlal Choksi. A total of 2,591,210 shares, representing 0.27% of the company’s equity, have been transmitted to another member of the promoter group. This transmission aims to consolidate holdings among existing promoters and does not alter the overall promoter shareholding structure significantly, as disclosed on December 26, 2025.
Share Transmission Details
Following the demise of Shailesh Chimanlal Choksi, a member of the promoter group of Asian Paints, a transmission of shares has occurred. A total of 2,591,210 shares were transmitted to another member of the promoter group, as per the disclosure made on December 26, 2025.
Impact on Shareholding
Prior to the transmission, the holding stood at 2,591,210 shares, representing 0.27% of the total share/voting capital. Post-transmission, the holding is now 0 shares, amounting to 0.00% of the total share/voting capital.
Total Share Capital
The equity share capital/total voting capital of Asian Paints before and after the share transmission remains unchanged at 959,197,790.
Source: BSE
