Reliance Industries Limited (RIL) has announced that it has sold 3.5 crore equity shares of Asian Paints Limited on June 12, 2025, through its wholly owned subsidiary, Siddhant Commercials Limited. The shares were sold at a price of ₹2,201 per share, amounting to a transaction value of approximately ₹7,703.5 crore.
In a regulatory filing to the BSE and NSE, Reliance stated that following this sale, the group continues to hold 87 lakh equity shares of Asian Paints. This move is part of routine portfolio management and comes under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
