Asian Paints Ltd. — Major Shareholding Notification 2021

Sep 20, 2021

SATYEN ASHWIN GANDHI

29, Kunj Society, B/h. Milan Kunj Plot, Alkapuri, Vadodara – 390 007

DATE: 18[th] Sept., 2021

To,

The Bombay Stock Exchange Limited, Corporate Relationship Department, First Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Mumbai-400001.

Dear Sir,

Sub: Revised Declarations under regulation 29(2) of the SEBI (SAST) Regulations, 2011

Ref.: Target Company - Asian Paints Limited (BSE – Script Code – 500820) (ISIN No.: INE021A01026)

Pursuant to the regulation 29(2) of the SEBI (Substantial Acquisition of Share and Takeovers) Regulations 2011, please find enclosed revised disclosure with respect to the change in the shareholding of a person forming part of Promoter Group of Asian Paints Limited (Target Company).

We have submitted Disclosure under regulation 29(2) of the SEBI (SAST) Regulations, 2011 via email on 15[th] Sept., 2021, but due to some typographical error in “Equity share capital / total voting capital of the TC before the said ~~acquisition~~ / sale/ Equity share capital/ total voting capital of the TC after the said ~~acquisition~~ / sale/ Total diluted share/voting capital of the TC after the said acquisition”, we are herewith submitting revised disclosure with request to take the same on record.

Thanking you, Yours faithfully

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(Satyen A. Gandhi)

Encl: As above.

SATYEN ASHWIN GANDHI

29, Kunj Society, B/h. Milan Kunj Plot, Alkapuri, Vadodara – 390 007

Format of Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part-A- Details of the Acquisition

Part-A- Details ofthe Acquisition
INameoftheTarget Company(TC)	ASIAN PAINTS LTD.
Name(s)of theacquirerandPersonsActingin Concert(PAC) with the acquirer	MR. SATYEN ASHWIN GANDHI (Client ID- 70001084)
Whether the acquirerbelongstoPromoter/Promoter group	YES
Name(s) ofthe Stock Exchange(s) wherethesharesof TC areListed	NATIONAL STOCK EXCHANGE BOMBAY STOCK EXCHANGE
Details of theacquisition/disposal asfollows	Number	%w.r.t. total share/voting capital wherever	%w.r.t.totaldiluted share/votingcapital of the TC (**)
Beforethe acquisition under consideration, holding of: a) Sharescarryingvoting rights b) Sharesin thenature of encumbrance(pledge/l ien/ non-disposal undertaking/ others) c) Votingrights(VR)otherwise than by equityshares d) Warrants/convertible securities/any other instrument thatentitles theacquirer to receive shares carrying votingrightsinthe TC (specifyholding in eachcategory) e) Total(a+b+c+d)	1419340 1419340	0.15 0.15	0.15 0.15
Details of~~acquisition~~/ sale a) Shares carryingvotingrightsacquired b) VRsacquired otherwisethanby equityshares c) Warrants/convertiblesecurities/any other instrumentthat entitles theacquirer to receive shares carrying voting rightsinthe TC (specify holdingineach category) acquired d)Sharesin thenatureofencumbrance(pledge/ lien/non-disposal undertaking/ others) e) Total(a+b+c+/-d) 1419340 1419340 0.15 0.15

SATYEN ASHWIN GANDHI

29, Kunj Society, B/h. Milan Kunj Plot, Alkapuri, Vadodara – 390 007

Afterthe~~acquisition/~~sale,holding of: a) Shares carryingvotingrights b) Shares encumbered with the acquirer c) VRsotherwise than by equityshares d) Warrants/convertiblesecurities/any other instrumentthatentitlesthe acquirertoreceive shares carryingvotingrightsin theTC(specify holdingineach category) after acquisition e) Total(a+b+c+/d)	0	0	0
Mode of~~acquisition~~/ sale (e.g. open market / off- market / public issue / rights issue / preferential allotment / inter-se transfer etc).	Inter-se transfer amongst the persons forming part of Promoter and Promoter Group of Asian Paints Limited through Off Market
Date of~~acquisition~~/ sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	13th September, 2021
Equity share capital / total voting capital of the TC before the said~~acquisition~~/ sale	95,91,97,790 Equity Shares of Re. 1 each.
Equity share capital/ total voting capital of the TC after the said~~acquisition~~/ sale	95,91,97,790 Equity Shares of Re. 1 each.
Total dilutedshare/votingcapital oftheTCafterthe said acquisition	95,91,97,790 Equity Shares of Re. 1 each.

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) 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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SATYEN ASHWIN GANDHI

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ASHWIN RAMANLAL GANDHI

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HASIT ASHWIN DANI
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Place: Vadodara

Date: 18/09/2021