Asian Paints scion Malav Dani to sell shares worth ₹500 crore
Asian Paints scion Malav Dani to sell shares worth ₹500 crore January 03, 2021 × Malav Dani, son of paints tycoon Ashwin Dani, will off-load shares worth ₹500 crore on the stock exchanges between May 2021 and April 2022, according to statutory filings. The Dani family is among the key promoter families of India’s largest paints manufacturer Asian Paints, which has a current market-capitalisation of over ₹2.66-lakh crore or $36 billion. Malav holds 5.88 per cent stake in the company through his private investment arm, Sattava Holding and Trading. That stake is worth more than ₹15,0...
Source: thehindubusinessline.com