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

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

Date of Reporting : February 21, 2011
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 : February 08, 2011
Number of Pledged Shares : 1,40,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,49,22,538
Total No of shares pledged : 97,90,050
% of total shares pledged to total no of shares held by the entity in the Company : 65.61%
% of shares pledged to total no of outstanding shares of the Company : 10.21%

Name of the Entity : Geetanjali Trading and Investments Pvt Ltd

Details of Transaction
Date of Transaction : February 14, 2011
Number of Shares revoked : 1,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,49,22,538
Total No of shares pledged : 96,90,050
% of total shares pledged to total no of shares held by the entity in the Company : 64.94%
% of shares pledged to total no of outstanding shares of the Company : 10.10%Read More