Smiti Holding and Trading Company Private Limited has disclosed the acquisition of 1,64,000 equity shares of Asian Paints Limited through a block deal window mechanism. This inter-se transfer occurred on September 17, 2026, as part of a transaction within the promoter group. The acquisition resulted in a slight increase in Smiti Holding’s voting rights percentage to 5.380%.
Promoter Group Share Transfer
Smiti Holding and Trading Company Private Limited has formally reported an acquisition of equity shares in Asian Paints Limited. The transaction, which took place on September 17, 2026, involved the purchase of 1,64,000 shares. This acquisition was executed via the block deal window mechanism, a method often used for large trades, and is part of an inter-se transfer among entities that are part of the Promoter and Promoter Group of Asian Paints Limited.
Transaction Details and Impact
Prior to this transaction, Smiti Holding held 5.363% of the total shares and voting capital. Following the acquisition of 1,64,000 shares, its holding has increased marginally to 5.380%. The total number of shares held by the company after the acquisition stands at 5,16,06,638. The company clarified that the aggregate shareholding of the Promoter and Promoter Group of Asian Paints Limited remains unchanged before and after this transaction, as it was an internal transfer within the group. The total equity share capital of Asian Paints Limited before and after the acquisition was 95,91,97,790.
Source: BSE
