Block Deal: Asian Paints Share Price Gains 2% as ₹7,703 Crore Worth of Equity Changes Hands

India’s leading paints manufacturer, Asian Paints Ltd., witnessed a notable uptick in its share price on June 12 following a significant equity transaction during the pre-open session, as per CNBC.. The trade triggered market interest as it represented a sizable portion of the company’s outstanding equity.

₹7,703 crore: Large Block in Asian Paints Stock

According to CNBC, Asian Paints share price gained as much as 2% on Thursday as of 9:32 AM. The share price of Asian Paints was in focus after a major block trade saw 3.5 crore shares change hands. The transaction occurred in the pre-open block window, with shares exchanging ownership at an average price of ₹2,201.

The total deal value amounted to ₹7,703 crore, accounting for 3.64% of the company’s outstanding equity. The identities of the buyers and sellers involved in the transaction remain undisclosed.

Shareholding Pattern and Institutional Interest

As of the March 2025 quarter, Indian Mutual Funds held a combined 5.67% stake in Asian Paints. Notable institutional investors included ICICI Prudential Mutual Fund and SBI Mutual Fund.

Life Insurance Corporation of India (LIC) was another key stakeholder, holding 8.29% of the company’s shares. Meanwhile, retail or small shareholders, defined as individuals with holdings of up to ₹2 lakh, collectively owned 11.84% across 11.73 lakh individual accounts.

Among other prominent public shareholders, Siddhant Commercials Pvt. Ltd. held a 4.9% stake in the company as of March 31, 2025.

Read More: Tata Power's Big Renewable Push: 4 Major Highlights from Its FY25 Annual Report! 

Asian Paints Share Price Performance

On June 12, 2025, Asian Paints share price opened at ₹2224 on NSE, above the previous close of ₹2208.80. During the day, it surged to ₹2251.90. The stock is trading at ₹2236.20 as of 9:27 AM. 

Over the past week, Asian Paints Limited has moved up by 0.52%; over the past month, it saw a decline of 3.14%; and over the past 3 months, the stock price has been flat. 

Conclusion

The 2% gain in Asian Paints' share price following a ₹7,703 crore block deal. With a large chunk of equity changing hands and a diverse base of institutional and retail shareholders. 

Disclaimer: 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.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.