Reliance Industries trims 3.64% stake in Asian Paints, SBI MF buys for Rs 7,703 crore, Siddhant Commercials shareholding drops to 1.26%
Thursday, 12 June 2025 () Reliance Industries, through Siddhant Commercials, divested a 3.64% stake in Asian Paints for Rs 7,703.50 crore via a block deal. SBI Mutual Fund significantly increased its holding in Asian Paints, emerging as the buyer. Following the transaction, Asian Paints shares closed higher, reflecting positive market sentiment towards the deal.
Siddhant Commercials, a Reliance Industries group entity, divested 85 lakh Asian Paints shares for approximately Rs 1,876 crore via a block deal on the NSE, with... IndiaTimes
Thursday, 12 June 2025 ()
