Asian Paints promoter Smiti Holding sells 0.03% stake via block deal
This story was originally published at 20:46 IST on 23 February 2026
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NEW DELHI - Asian Paints Ltd.'s promoter group entity Smiti Holding and Trading Co. Monday sold 325,000 shares or around 0.03% stake in the pain the manufacturer at INR 2,410 per share, aggregating to INR 783.25 million through a block deal on the BSE. Upnishad Holdings, also a promoter of the company, bought the shares as part of the block deal.
For the December quarter, Asian Paints had reported a consolidated net profit of INR 10.60 billion on revenues of INR 88.67 billion. Monday, its shares ended 0.1% higher at INR 2,429.70 on the National Stock Exchange.
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Reported by Anand JC
Edited by Saji George Titus
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