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Asian Paints - Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

October 26, 2009

Asian Paints Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : October 26, 2009
Name of the Company : Asian Paints Ltd
Total no of outstanding shares of the Company : 9,59,19,779

Name of the Entity: Geetanjali Trading and Investments Pvt Ltd

Details of Transaction
Date of Transaction : October 15, 2009
Number of Shares Pledged : 1,53,672 (Revoked)

Aggregate details after the transaction
Total no of shares held by the entity in the company: 1,28,81,943
Total No of shares pledged : 9350214
% of total shares pledged to total no of shares held by the entity in the Company : 72.58%
% of shares pledged to total no of outstanding shares of the Company : 9.75%

Name of the Entity: Geetanjali Trading and Investments Pvt Ltd

Details of Transaction
Date of Transaction : October 15, 2009
Number of Shares Pledged : 2,15,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 1,28,81,943
Total No of shares pledged : 95,65,214
% of total shares pledged to total no of shares held by the entity in the Company : 74.25%
% of shares pledged to total no of outstanding shares of the Company : 9.97%

After the aforesaid transaction, the total number of shares pledged by the promoters / promoter group of the Company aggregates to 10.76% of the paid-up capital of the Company.


Source: BSE India   Type: Announcements

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