Reliance Industries sold 77.04 billion rupees in Asian Paints shares via Siddhant Commercials, retaining 0.9% stake amid antitrust risks and competition.

• Reliance sold 35M shares at 2,201 rupees each via Siddhant Commercials, down from Wednesday's close.
• Asian Paints faces antitrust probes and competition from Aditya Birla's Birla Opus, urban spending cuts.
• Sale follows reports Reliance aimed to exit 17-year Asian Paints investment, buyers unknown.