Is RIL Selling a 4.9% Stake in Asian Paints
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Is RIL Selling a 4.9% Stake in Asian Paints

Reliance Industries is set to divest its entire 4.9% stake in Asian Paints, valued at approximately ₹11,141 crore ($1.31 billion) at current market prices
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Reliance-Industries-is-set-to-divest-its-entire-4.9stake-in-Asian-Paints,-valued-at-approximately-11,141-crore-($1.31-billion)-at-current-market-prices

Reliance Industries is set to divest its entire 4.9% stake in Asian Paints, valued at approximately ₹11,141 crore ($1.31 billion) at current market prices

This-move-concludes-a-17-year-investment-journey-that-began-in-2008-when-RIL-acquired-the-stake-for-₹500-crore,-now-yielding-a-24-fold-return.

This move concludes a 17-year investment journey that began in 2008 when RIL acquired the stake for ₹500 crore, now yielding a 24-fold return

The-decision-comes-amid-intensifying-competition-in-India's-₹75,000-crore-paints-market,-with-new-entrants-challenging-Asian-Paints'-dominance.

The decision comes amid intensifying competition in India's ₹75,000 crore paints market, with new entrants challenging Asian Paints' dominance

Asian-Paints'-market-share-has-declined-from-59to-52-in-FY25,-reflecting-the-growing-pressure-from-competitors-like-Grasim's-Birla-Opus.

Asian Paints' market share has declined from 59% to 52% in FY25, reflecting the growing pressure from competitors like Grasim's Birla Opus

RIL-has-appointed-Bank-of-America-to-manage-the-stake-sale,-which-may-occur-through-one-or-more-block-deals-at-a-6–7-discount-to-the-current-market-price.

RIL has appointed Bank of America to manage the stake sale, which may occur through one or more block deals at a 6–7% discount to the current market price

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