Asian Paints Ltd. — Major Shareholding Notification 2020

Dec 21, 2020

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)

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Regulations, 2011.
Name of the Target Company (TC) Asian Paints Limited
Name(s) of the acquirer and Persons Acting Hasit Ashwin Dani Jointly with Shubhlakshmi Hasit
in Concert (PAC) with the acquirer Dani
Whether the acquirer belongs to Yes
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the BSE Limited
shares of TC are Listed National Stock Exchange of India
Details of the acquisition / disposal as Number % w.r.t.total % w.r.t. total diluted
follows share/voting share/voting capital
capital wherever of the TC ()
applicable(*)
Before the acquisition under consideration,
holding of :
a) Shares carrying voting rights 36,16,800 0.377% 0.377%
b) Shares in the nature of encumbrance NA NA NA
(pledge/ lien/ non-disposal undertaking/
others)
c) Voting rights (VR) otherwise than by shares NA NA NA
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive NA NA NA
shares carrying voting rights in the T C
(specify holding in each category)
e) Total (a+b+c+d) 36,16,800 0.377% 0.377%
Details of acquisition/sale
a) Shares carrying voting rights acquired/ sold 4,66,000 0.049% 0.049%
b) VRs acquired /sold otherwise than by shares NA NA NA
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive NA NA NA
shares carrying voting rights in the TC (specify
holding in each category) acquired/sold
d) Shares encumbered / invoked/released by NA NA NA
the acquirer
e) Total (a+b+c+/-d) 4,66,000 0.049% 0.049%
After the acquisition/sale, holding of:
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a) Shares carrying voting rights 31,50,800 0.328% 0.328%
b) Shares encumbered with the acquirer NA NA NA
c) VRs otherwise than by shares NA NA NA
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive NA NA NA
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
e) Total (a+b+c+d) 31,50,800 0.328% 0.328%
Mode of acquisition / sale (e.g. open market / Inter-se transfer amongst the persons forming part of
off-market / public issue / rights issue / Promoter and Promoter Group of Asian Paints Limited
preferential allotment / inter-se transfer etc). through Block Deal Window
Date of acquisition / sale of shares / VR or date 18 [th] December 2020
of receipt of intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital of the 95,91,97,790
TC before the said acquisition / sale
Equity share capital/ total voting capital of the 95,91,97,790
TC after the said acquisition / sale
Total diluted share/voting capital of the TC 95,91,97,790
after the said acquisition
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Note:

The Acquirer and Seller are forming part of the Promoter and Promoter Group of the TC. The aggregate shareholding of the Promoter and Promoter Group prior and after the transaction remains unchanged.

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

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Hasit Ashwin Dani Shubhlakshmi Hasit Dani Signature of the acquirer / seller / Authorised Signatory Place: Mumbai Date: 21.12.2020