Asian Paints Block Deal: Reliance subsidiary sells 85 lakh shares for ₹1,876 crore via open market operations

Asian Paints Block Deal: A Reliance Industries-owned subsidiary named Siddhant Commercials Pvt. Ltd. sold 85 lakh stake through an open market block deal on Monday, 16 June 2025, according to the official NSE data release. 

The exchange data showed that the block deal was executed at a trade price of ₹2,207 apiece on Monday. This values the stake sale deal at nearly ₹1875.9 crore based on the weighted average price of the deal.

NSE data shows that the shares sold by Siddhant Commercials Pvt. Ltd. were purchased by ICICI Prudential Mutual Fund. 

Asian Paints Share Price

Asian Paints shares closed 1.28 per cent higher at ₹2,243.65 after Monday's stock market session, compared to ₹2,215.30 at the previous market close. The shares closed higher after media reports of the block deal ahead of the official data during the stock market session on 16 June 2025.

The paint company's shares have given stock market investors more than 38 per cent returns on their investment in the last five years. However, the stock has lost 23.21 per cent in the last one-year period. 

On a year-to-date (YTD) basis, the stock has dropped 2.76 per cent, but is trading 0.63 per cent higher in the last five stock market sessions.

Asian Paints shares hit their 52-week high levels at ₹3,394 on 16 September 2024, while the 52-week low level was at ₹2,125 on 4 March 2025, according to the data collected from the BSE website. The company's market capitalisation (M-Cap) was more than ₹2.15 lakh crore as of the stock market close on Monday, 16 June 2025.

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