Intimation regarding submission of application for reclassification from ''Promoter Group'' category to ''Public'' category under Regulation 31A of SEBI (Listing Obligations and Disclosure ....
AKCAPIT · price
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Awaiting price reaction for this filing.
A.K. Capital Services has submitted an application to BSE for reclassifying three members from the 'Promoter Group' category to the 'Public' category under SEBI Regulation 31A. The outgoing promoter group members are Mr. Sanjiv Kumar (29,100 shares, 0.44%), Mrs. Kavita Garg (24,899 shares, 0.38%), and Sanjeev Kumar HUF (nil shares). Together, these shareholders hold 53,999 shares, representing 0.82% of the company's share capital. The company is awaiting no-objection from the stock exchange for this reclassification. This follows earlier intimations on July 4 and July 12, 2025.
The reclassification involves a very small stake (under 1%) and does not involve any sale of shares or change in actual ownership — only a change in how these shareholders are categorised. This is procedurally routine and is unlikely to have any material impact on the stock price or promoter control of the company.