Sattva Holding and Trading Private Limited has filed mandatory disclosures concerning its holdings in Asian Paints Limited. The report details the creation of an encumbrance on 8,75,000 equity shares and the invocation/release of encumbrance on 28,50,000 equity shares. These actions, reported on March 18, 2026, pertain to the company’s role as a promoter group entity of Asian Paints.
Promoter Shareholding Disclosure Filed
Sattva Holding and Trading Private Limited submitted crucial declarations to the stock exchanges concerning the encumbrance status of its holdings in the target company, Asian Paints Limited (Script Code: 500820). The filing was made on March 18, 2026, as required under regulatory mandates for promoters.
Details of Share Movement
The disclosure itemizes recent activities related to pledged shares. Specifically, the document confirms the creation of an encumbrance involving 8,75,000 equity shares of Asian Paints. Furthermore, the filing reports on the invocation or release of encumbrance concerning a larger block of 28,50,000 equity shares.
Summary of Promoter Group Activities
The reporting entity, Sattva Holding and Trading Private Limited, reported a base holding of 5,47,89,183 shares, representing 5.71% of the total share capital prior to the reported events. The transactions detailed in the accompanying schedules largely involve Pledge activities, primarily linked to the release of shares upon repayment of loans by the Company or its associated entities.
A significant creation event on March 16, 2026, involved a pledge of 3,12,500 shares to Bajaj Finance Ltd, resulting in a post-event holding of 62,51,000 shares (0.652%) pledged to that specific entity across the promoter group activities summarized in the annexures. The schedules provide a comprehensive breakdown across numerous related promoter entities and the corresponding lenders or beneficiaries of the encumbrance.
Source: BSE
