{"id":7079,"date":"2025-06-16T10:40:55","date_gmt":"2025-06-16T05:10:55","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=7079"},"modified":"2025-06-16T10:40:59","modified_gmt":"2025-06-16T05:10:59","slug":"asian-paints-sees-rs-1876-crore-block-deal-as-85-lakh-shares-change-hands-ril-reduces-stake","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/asian-paints-sees-rs-1876-crore-block-deal-as-85-lakh-shares-change-hands-ril-reduces-stake\/","title":{"rendered":"Asian Paints Sees Rs 1,876 Crore Block Deal as 85 Lakh Shares Change Hands; RIL Reduces Stake"},"content":{"rendered":"\n<p>Shares of Asian Paints Ltd, India\u2019s largest paints company, witnessed a large block deal on June 16, 2025. In this deal, around 85 lakh shares, which is roughly 0.88% of the company\u2019s equity, were traded. The total value of the deal stood at Rs 1,876 crore, leading to a sharp focus on the stock.<\/p>\n\n\n\n<p>Just a week ago, Reliance Industries Ltd (RIL) announced that it sold 3.5 crore shares of Asian Paints at Rs 2,201 per share, through Siddhant Commercials Ltd, a subsidiary. After this sale, RIL still holds 87 lakh shares in the company, as per its stock exchange filing.<\/p>\n\n\n\n<p>As of March 2025 shareholding data promoters held 52.6%, FIIs 12.2%, DIIs 15.6% and public 19.5% of Asian Paints.<\/p>\n\n\n\n<p>The company\u2019s Q4 FY25 numbers were not great. It reported a net of Rs 692 crore which was below estimates. Consolidated revenue was down 4.3% yoy at Rs 8,359 crore.<\/p>\n\n\n\n<p>Asian Paints\u2019 CEO Amit Syngle said the paint industry is seeing the weakest demand in 20 years. He also said for the first time in 2 decades the decorative paint segment is showing negative growth mainly due to slow demand and increasing competition.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><br><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/asian-paints-block-deal-85-lakh-shares-worth-rs-1-876-crore-change-hands-13125082.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/asian-paints-block-deal-85-lakh-shares-worth-rs-1-876-crore-change-hands-13125082.html\" rel=\"noreferrer noopener nofollow\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Asian Paints Ltd, India\u2019s largest paints company, witnessed a large block deal on June 16, 2025. In this deal, around 85 lakh shares, which is roughly 0.88% of the company\u2019s equity, were traded. The total value of the deal stood at Rs 1,876 crore, leading to a sharp focus on the stock. Just [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[1225],"class_list":["post-7079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-asian-paints-block-deal"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/7079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=7079"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/7079\/revisions"}],"predecessor-version":[{"id":7081,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/7079\/revisions\/7081"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/7080"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=7079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=7079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=7079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}