Reliance Industries offloads 3.5 crore shares in Asian Paints worth over ₹7,700 crore
Reliance Industries Limited (RIL) has pared its holding in Asian Paints by offloading 3.5 crore shares, marking a significant exit from one of India’s leading blue-chip companies. The sale, conducted through its wholly owned subsidiary Siddhant Commercials Limited, fetched ₹2,201 per share—translating into a total deal size of ₹7,703.5 crore. The transaction, carried out via…
