Smiti Holding and Trading Company Private Limited has released an update regarding the encumbrance of shares in Asian Paints Limited. The release of 2,151,000 shares and 473,000 shares for loan repayments were announced. Additionally, the pledge of 3,215,000 shares for loans has been disclosed, resulting in a total of 3,909,100 shares encumbered.
Share Encumbrance Details
Smiti Holding and Trading Company Private Limited announced changes to its encumbrance status of shares in Asian Paints Limited on December 17, 2025.
Key Changes in Encumbrance
The company disclosed the following transactions:
Release of shares:
2,151,000 shares were released to Bajaj Finance Limited for loan repayment.
473,000 shares were released to Julius Baer Capital Advisor (India) Private Limited for loan repayment.
New Pledge
Pledge of shares: 3,215,000 shares were pledged to Jio Credit Limited for loans on December 16, 2025.
Total Encumbrance Post Update
Following these transactions, the total number of encumbered shares stands at 3,909,100 shares, representing 4.08% of the total share capital.
Source: BSE
