Reliance Industries Restricted (RIL) has introduced that it has offered 3.5 crore fairness shares of Asian Paints Restricted on June 12, 2025, by its wholly owned subsidiary, Siddhant Commercials Restricted. The shares have been offered at a worth of ₹2,201 per share, amounting to a transaction worth of roughly ₹7,703.5 crore.
In a regulatory submitting to the BSE and NSE, Reliance acknowledged that following this sale, the group continues to carry 87 lakh fairness shares of Asian Paints. This transfer is a part of routine portfolio administration and comes underneath Regulation 30 of the SEBI (Itemizing Obligations and Disclosure Necessities) Laws, 2015.
