Asian Paints Limited is the target company in a SEBI Regulation 31(4) disclosure filed by Manish Mahendra Choksi. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on April 7, 2026, from Mumbai, India.
Manish Mahendra Choksi declared that he, along with Persons Acting in Concert, has not made any encumbrances directly or indirectly during the financial year 2025-26, except for those already disclosed prior to this filing. This declaration covers all encumbrances as of the date of submission.
Choksi and all PACs confirmed compliance with SEBI Circular No. SEBI/HO/CFD/DCR1/ClRlP 12019/90, dated August 7, 2019, which outlines disclosure norms under the takeover regulations. The circular requires promoters and PACs to report encumbrances periodically.
The filing lists multiple PACs, all belonging to the Promoter or Promoter Group of Asian Paints Limited. Family members include Ashish Ashwin Choksi, Aashay Ashish Choksi, Mahendra Chimanlal Choksi, and several others. Corporate entities such as Castle Investment & Industries Private Limited, Centaurus Trading and Investments Pvt. Ltd. Doli Trading and Investments Private Limited, ELF Trading and Chemical Manufacturing Private Limited, and others are also named as PACs.
Each PAC's PAN number is included in the disclosure document. The submission is signed by Manish Mahendra Choksi and confirms that no new encumbrances have been created, with full compliance to the SEBI circular.
The disclosure references the stock symbol ASIANPAINT and script code 500820 as listed on the BSE, and it is filed pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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.