Asian Paints has announced the transmission of shares within its promoter group due to the demise of Mr. Shailesh Chimanlal Choksi. This transmission involves 1,749,690 equity shares, representing 0.18% of the company’s total share capital. The shares are transferred to Shailesh Chimanlal Choksi HUF-KARTA Jigish Shailesh Choksi, ensuring continuity within the promoter structure.
Share Transmission Details
Asian Paints has reported a transmission of shares within the promoter group following the passing of Mr. Shailesh Chimanlal Choksi. This transmission involves a total of 1,749,690 equity shares.
Impact on Shareholding
The transmission represents 0.18% of the total share capital of Asian Paints. The shares have been transferred to Shailesh Chimanlal Choksi HUF-KARTA Jigish Shailesh Choksi. This change ensures the continued representation of the promoter group in the company’s shareholding structure.
Effective Date
The share transmission was effective as of January 2, 2026. This adjustment reflects a procedural change and does not alter the overall control or strategy of Asian Paints.
Post-Transaction Holding
Following the transmission, Shailesh Chimanlal Choksi HUF-KARTA Jigish Shailesh Choksi holds 1,749,690 shares, maintaining the 0.18% stake in the company.
Source: BSE
