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22 October 2024 15:40:00   
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Asian Paints Ltd - Asian Paints Limited - Updates     Back
(15 Oct 2024)
Asian Paints Limited (Vijal Holding), an entity forming part of the Promoter(s) Group of the Company, seeking reclassification from the Promoter(s) Group category to the Public category along with justification thereof and confirmation of facts in terms of Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). It may be noted that Vijal Holding does not hold any shares in the Company. The said request is pursuant to the divestment of the entire stake held by the members of the Promoter(s) Group of the Company in Vijal Holding in favour of persons not forming part of or related to the Promoter(s) & Promoter(s) Group of the Company. The Company will make necessary disclosures on the material developments in this regard.
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