Reliance Industries Sells $900 Million Stake in Asian Paints

Buckets of Asian Paints Ltd. paint at a store in Mumbai.
Photographer: Dhiraj Singh/Bloomberg

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By Ashutosh Joshi

June 12, 2025 at 11:12 AM UTC

Updated on

June 12, 2025 at 2:36 PM UTC

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Reliance Industries Ltd. divested about 3.7% stake in Asian Paints Ltd. by selling shares in a block trade, raising 77 billion rupees ($900 million), according to an exchange filing on Thursday.