Asian Paints promoter buys 1.64 lakh shares inter-se

(ASIANPAINT) promoter group entity has acquired 164,000 shares through an inter-se transfer. Post-transaction holding stands at 180,666 shares or 0.019% of total voting capital. The shares were transferred within the promoter group via block deal. Overall promoter group shareholding in the company remains unchanged. Such transfers are routine internal rearrangements among promoter entities. The key figure is the 164,000 shares acquired, taking the holding to 0.019%. This has no impact on overall promoter control. Other paint companies such as Berger Paints and Kansai Nerolac may see no effect. Near-term price movement is unlikely from this disclosure. Risks are minimal as it is an internal transfer. We have no financial interest in this news.