Asian Paints Limited promoters Nehal Abhay Vakil, Bhairavi Abhay Vakil, and Vivek Abhay Vakil have submitted a disclosure under Regulation 31(4) of the SEBI Takeover Regulations to both BSE Limited and the National Stock Exchange of India Limited. The filing was made on June 22, 2026, with the declaration signed on April 6, 2026.
The promoters declared that they, along with persons acting in concert, have not created any encumbrance directly or indirectly during the financial year 2025-26, other than those already disclosed. The declaration covers the entire promoter and promoter group category of Asian Paints.
The promoter group includes entities such as Asteroids Trading and Investments Private Limited, Elcid Investments Limited, Jalaj Trading and Investment Company Private Limited, Lambodar Investments and Trading Company Limited, Murahar Investments and Trading Company Limited, Nehal Trading and Investments Private Limited, Suptaswar Investments and Trading Company Limited, Stack Pack Limited, Unnati Trading and Investments Private Limited, Vikatmev Containers Ltd, and Dipika Chemicals Private Limited.
Individual promoter group members under the disclosure include Late Abhay Arvind Vakil, Abhay Arvind Vakil HUF, Amar Arvind Vakil HUF, Late Amar Arvind Vakil, Late Asha Subhash Gujarathi, Varun Amar Vakil, Amrita Amar Vakil, Dipika Amar Vakil, Gayatri Subhash Gujarathi, Hrishav Varun Vakil, Nyra Varun Vakil, and Ragini Varun Vakil.
The promoters confirmed compliance with SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 7, 2019, which governs the format and disclosure requirements for such declarations. Nehal Abhay Vakil, Bhairavi Abhay Vakil, and Vivek Abhay Vakil signed the declaration as promoters of Asian Paints Limited.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.