Disclosure Context
Asian Paints Limited submitted an intimation to BSE Limited and National Stock Exchange of India Limited regarding a Trading Plan under Regulation 5(5) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations). The disclosure was made via a letter dated 12th August 2026 from the company's CFO, Company Secretary & Compliance Officer, R J Jeyamurugan.
Trading Plan Details & Approval
The enclosed Trading Plan was submitted by Mr. Subrahmanya Shreepathi, a Designated Person holding the position of General Manager - Technology, Research & Technology at Asian Paints Limited (Employee Code: P00107603). The plan was dated 10th August 2026 and was approved by the company in accordance with the PIT Regulations and the company's Code of Conduct on 12th August 2026.
Proposed Transaction
The trading plan outlines a single proposed transaction:
- Number of Shares: 83
- Nature of Transaction: Sell
- Trading Window: 14th December 2026 to 18th December 2026
Undertakings and Declarations
Mr. Shreepathi provided an undertaking stating he will not trade in the company's shares until any unpublished price sensitive information in his possession becomes generally available before the execution of this plan. He also acknowledged his understanding of and commitment to abide by the SEBI PIT Regulations and the company's Code of Conduct, declaring that he has not contravened these provisions.
#Tags: #AsianPaints #SEBIPITRegulations #InsiderTrading #RegulatoryCompliance #Neutral