Asian Paints Limited has received a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, from its promoters Nehal Abhay Vakil, Bhairavi Abhay Vakil, and Vivek Abhay Vakil regarding share encumbrance.
The promoters declared in the filing that they, along with Persons Acting in Concert, have not made any encumbrance, directly or indirectly, during the financial year 2025-26, other than those encumbrances that have already been disclosed previously to the company.
This declaration is made to confirm compliance with SEBI Circular SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated 7th August 2019, which requires promoters to disclose any encumbrance on their shares to the stock exchanges within the stipulated time frame.
The disclosure was officially submitted to the BSE Limited and the National Stock Exchange of India Limited on 19th June 2026, with the declaration document signed in Mumbai on 6th April 2026.
a copy of the disclosure was also addressed to the Audit Committee of Asian Paints Limited, indicating the internal governance process.
Asian Paints Limited's promoter group includes various entities such as HUFs and private limited companies, but this specific encumbrance disclosure pertains only to the three named individuals, Nehal Abhay Vakil, Bhairavi Abhay Vakil, and Vivek Abhay Vakil, in their capacity as promoters of the company.
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.