*_Asian Paints be like: “Ye selling pressure khatam kyun nhi ho rha hai”_* a. On June 16, 2025, *Reliance Industries*🔴🔴 (through its affiliate Siddhant Commercials) sold *85 lakh shares of Asian Paints for a total of ₹1,876 crore, at ₹2,207 per share,* to ICICI Prudential Mutual Fund b. Just days earlier, on June 12, *they offloaded 3.5 crore shares (~3.6% stake) for ₹7,704 crore to SBI Mutual Fund*🔻🔻🔴🔴 *Reliance is clearing out a 17‑year‑old investment in Asian Paints and has made an astounding ~23× return on it* After these two big deals, _Reliance now holds only around 2 lakh shares, i.e, 0.21% stake down from about 5% before_ 🎨 What Led to This Sale?👇🏻👇🏻⬇️⬇️ - In Q4, profits dropped 45%, to around ₹692 crore - Asian Paints has been performing consistently poor since last few years - Urban demand is weak and competition is heating up from new players like Birla Opus and JSW