Reliance to Exit Asian Paints

BUSINESS

By Aniket Chakraborty May 14, 2025 Arrow

The exit could fetch ₹11,141 crore based on the company’s latest market price.

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Reliance had invested just ₹500 crore in 2008—now staring at a 24x return.

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Bank of America has been hired to manage the block deal transaction.

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The stake may be sold at a 6–7% discount via one or more block deals.

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Asian Paints is struggling—its stock is down 19% in the past year alone.

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The BSE Sensex rose 11.5% in the same period, highlighting Asian Paints’ underperformance.

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New rivals like Birla Opus have eroded Asian Paints’ market share to 52% from 59%.

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Margins are under pressure as competition heats up in India’s decorative paints sector.

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As Reliance exits, is this the end of an era—or the start of a deeper shake-up?

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