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  <p><strong>reliance-industries-offloads-85-million-asian-paints-shares-1876-crore</strong></p>
  
  <title>Reliance Industries Offloads 8.5 Million Asian Paints Shares for ₹1,876 Crore</title>

</head>
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  <h1>Asian Paints Stake Sale: Reliance Industries Sells 8.5 Million Shares Worth ₹1,876 Crore</h1>

  <p><strong>Summary</strong>: Reliance Industries sells 8.5 mn shares of Asian Paints for ₹1,876 crore, following a prior sale of 3.64% stake in the Mumbai-based company.</p>

  <p><strong>Category</strong>: Stock</p>

  <p>Reliance Industries has continued its divestment activity with a major share sale in Asian Paints. This move comes shortly after an earlier transaction involving a significant stake offload, drawing market attention to the conglomerate’s strategic shifts.k</p>

  <h2>Reliance Industries Latest Divestment in Asian Paints</h2>
  <p>On Monday, Reliance Industries sold 8.5 million shares (85 lakh) of Asian Paints for ₹1,876 crore in an open market deal. The sale was executed through its affiliate entity, Siddhant Commercials Pvt Ltd, as per data disclosed on the National Stock Exchange (NSE).</p>
  <p>These 85 lakh shares represent a 0.88% stake in Asian Paints, sold at an average price of ₹2,207 per share. The total transaction value amounted to ₹1,875.95 crore.</p>

  <h2>Follow-Up to an Earlier Share Sale</h2>
  <p>This share sale followed closely on the heels of an earlier transaction carried out by Reliance Industries on the preceding Thursday. On that day, the company offloaded 3.50 crore equity shares of Asian Paints, which equated to a 3.64% stake in the Mumbai-headquartered paint manufacturing firm.</p>
  <p>Both share sales indicate a sequential reduction in Reliance’s holdings in Asian Paints, a company known for its dominant position in the Indian paints sector.</p>

  <h2>ICICI Prudential Mutual Fund Raises Stake in Asian Paints</h2>
  <p>ICICI Prudential Mutual Fund acquired the shares at ₹2,207 per share. Following this purchase, its holding in Asian Paints increased from 1.24% to 2.12%.</p>

  <h2>Asian Paints Share Price Performance</h2>
  <p>Despite the substantial offloading of shares by Reliance Industries, Asian Paints share price recorded a positive close on the NSE on June 16, 2025. The stock rose by 1.21% to settle at ₹2,241 apiece on the day of the latest transaction.</p>

  <p><strong>Read More:</strong> Jio BlackRock Mutual Fund Files Draft Papers for 2 New Schemes!</p>

  <h2>Transaction Through Siddhant Commercials Pvt Ltd</h2>
  <p>The block deal was carried out by Siddhant Commercials Pvt Ltd, an affiliate of Reliance Industries. This firm has previously acted as a vehicle for strategic equity movements by the conglomerate.</p>
  <p>By offloading a cumulative 4.52% stake within a short span, Reliance has generated nearly ₹7,500 crore from its recent divestments in Asian Paints.</p>

  <h2>Reliance Industries Share Price Performance</h2>
  <p>On June 16, 2025, Reliance Industries Limited share price opened at ₹1,426.90 on NSE, below the previous close of ₹1,427.90. During the day, it surged to ₹1,442.40 and dipped to ₹1,424.40. The stock closed at ₹1,437.80 by end of the day, with a modest gain of 0.69%.</p>

  <h2>Conclusion</h2>
  <p>Reliance Industries’ recent divestment of 8.5 million Asian Paints shares for ₹1,876 crore highlights ongoing portfolio realignment. Coming on the back of a 3.64% stake sale days earlier, these transactions underline a notable change in the company’s shareholding pattern in one of India’s leading paint manufacturers.</p>

  <h2>Disclaimer</h2>
  <p>This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.</p>
  <p>Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.</p>

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