<ul data-eligibleForWebStory="true"><li>Reliance Industries Ltd. (RIL) has sold shares worth Rs 1,876 crore in Asian Paints in a block deal, with ICICI Prudential Mutual Fund as the buyer.</li><li>ICICI Prudential Mutual Fund acquired 85 lakh shares at Rs 2,207 apiece from Siddhant Commercials Pvt., continuing RIL's stake reduction in Asian Paints.</li><li>Last week, RIL had sold 3.5 crore equity shares of Asian Paints through Siddhant Commercials at an average price of Rs 2,201 per share, totaling Rs 7,703 crore.</li><li>After the recent transactions, Siddhant Commercials retained 87 lakh shares of Asian Paints.</li><li>Asian Paints' shares closed 1.21% higher at Rs 2,241 apiece post the deal, outperforming the NSE Nifty 50's 0.98% increase.</li></ul>

RIL Offloads More Asian Paints Shares In Rs 1,876-Crore Block Deal; ICICI Mutual Fund Steps In As Buyer

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