Asian Paints Ltd. — Major Shareholding Notification 2021

Mar 15, 2021

March 15, 2021

To, To, BSE Limited, The National Stock Exchange of India Limited, Corporate Relationship Department, Exchange Plaza First Floor, New Trading Ring, Bandra Kurla Complex Rotunda Building, P. J. Towers, Bandra (E), Mumbai ‐ 400 051. Dalal Street, Mumbai‐400 001.

Dear Sir/Madam,

Sub: Declarations under Regulation 31(1) and 31(2) of the SEBI (SAST) Regulations.

Ref.: Target Company ‐ Asian Paints Limited (Script Code – 500820; SYMBOL – ASIANPAINT) (ISIN No.: INE021A01026)

Pursuant to Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, please find enclosed herewith the disclosure by the Promoter(s) for ~~encumbrances of shares / invocation of encumbrance /~~ release of encumbrances of shares of Asian Paints Limited.

Kindly take the same on record and oblige.

Thanking you,

Yours faithfully

For Sattva Holding and Trading

Private Limited

Digitally signed by MALAV ASHWIN DANI MALAV DN: c=IN, o=Personal, pseudonym=ec1c66a4f752184ab7d7dd6c f3991b1c145c049a8b4c4887c20bcdd74ca 85dfc, postalCode=400007, ASHWIN st=MAHARASHTRA, serialNumber=dde02a2ed7bf4f015ef06e4 21e3d96c779b0521e0eed23b118928e06a DANI 62f8b9a, cn=MALAV ASHWIN DANI Date: 2021.03.15 17:47:20 +05'30' Authorised Signatory

Encl: A/a CC:

1. Asian Paints Limited 6A, Shantinagar, Santacruz (East), Mumbai‐ 400 055

Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011	Format for disclosure by the Promoter(s) to the stock exchanges and the Target Company for encumbrances of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011
Name of the Target Company (TC) Name of the Stock Exchanges where the shares of the Target Company are Listed Date of Reporting Name of the Promoter or PAC on whose Shares encumbrance has been created/released/invoked Details of creation/invocation/release of encumbrance:						M/s. Asian Paints Limited Bombay Stock Exchange Limited / National Stock Exchange Limited 15.03.2021 Sattva Holding and Trading Private Limited
Name of the Promoter(s) or PACs with him (*)	Promoter holding in the target company (1)			Promoter Holding already encumbered (2)		Details of events pertaining to encumbrance (3)							Post Event Holding of encumbered shares {creation [(2)+(3)]/release [(2)‐(3)] invocation[(2)‐
	No. of Shares	% of total share capital	% w.r.t diluted share capital	No. of Shares	% of total share capital	Type of event ‐(Creation / Release/invo cation)	Date of creation/invocat ion release of encumbrance	Type of encumbrance(Ple dge/lien/non disposal undertaking/othe rs)	Reasons for encumbrance **	No. of Shares	% of total share capital	Name of the entity in whose favour shares encumbered ***	Number	% of total share capital
Sattva Holding and Trading Private Limited	5,63,88,682	5.88	5.88	2,37,91,531	2.48	Release	10‐Mar‐21	Pledge	Release of shares due to increase in colleteral requirement	2,73,000	0.03	Standard Chartered Investments and Loan (India) Limited	2,35,18,531	2.45
Sattva Holding and Trading Private Limited	5,63,88,682	5.88	5.88	2,35,18,531	2.45	Release	10‐Mar‐21	Pledge	Release of shares due to increase in colleteral requirement	13,69,481	0.14	Bajaj Finance Limited	2,21,49,050	2.31
Sattva Holding and Trading Private Limited	5,63,88,682	5.88	5.88	2,21,49,050	2.31	Release	10‐Mar‐21	Pledge	Release of shares due to increase in colleteral requirement	69,000	0.01	Infina Finance Private Limited	2,20,80,050	2.30
Sattva Holding and Trading Private Limited	5,63,88,682	5.88	5.88	2,20,80,050	2.30	Release	10‐Mar‐21	Pledge	Release of shares due to increase in colleteral requirement	21,41,350	0.22	Citicorp Finance India Limited	1,99,38,700	2.08
Sattva Holding and Trading Private Limited	5,63,88,682	5.88	5.88	1,99,38,700	2.08	Release	10‐Mar‐21	Pledge	Release of shares due to increase in colleteral requirement	4,43,000	0.05	Barclays Investments and Loans (India) Private Limited	1,94,95,700	2.03
Sattva Holding and Trading Private Limited	5,63,88,682	5.88	5.88	1,94,95,700	2.03	Release	10‐Mar‐21	Pledge	Release of shares due to increase in colleteral requirement	2,66,000	0.03	HSBC InvestDirect Financial Services (India) Limited	1,92,29,700	2.00
Sattva Holding and Trading Private Limited	5,63,88,682	5.88	5.88	1,92,29,700	2.00	Release	12‐Mar‐21	Pledge	Release of shares due to increase in colleteral requirement	3,42,200	0.04	Deutsche Investments India Private Limited	1,88,87,500	1.97

Sattva Holding and Trading Private Limited	5,63,88,682	5.88	5.88	1,88,87,500	1.97	Release	12‐Mar‐21	Pledge	Release of shares due to increase in colleteral requirement	6,63,000	0.07	IDBI Trusteeship Services Limited acting as the Debenture Trustee on behlaf of ICICI Prudential Mutual Fund	1,82,24,500	1.90
Total 55,67,031 0.58

For Sattva Holding and Trading Private Limited

Director / Authorised Signatory Place : Mumbai

15.03.2021

(*) The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of whether they are reporting on the date of event or not.

• (**) For example, for the purpose of collateral for loans taken by the company, personal borrowing, third party pledge, etc

• (***) This would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender