Dear Sir/Madam, Enclosed herewith intimation received from Ms. Pallavi Mittal for re-classification of shareholding from "Promoter Category" to Public Category. Kindly take above ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aayush Wellness Limited has received a request from Ms. Pallavi Mittal, currently classified as a member of the promoter group, to be reclassified as a Public shareholder under SEBI Regulation 31A. Ms. Pallavi Mittal holds NIL equity shares of the company (0%) and states she is not involved in day-to-day operations, does not exercise control, and has no special rights or board representation. The request will be placed before the Board for approval at the next meeting or within three months, and will also require approval from shareholders and the stock exchanges before taking effect. The promoter group itself remains unchanged in terms of shareholding since Ms. Mittal does not own any shares.
This is an administrative reclassification with no direct impact on shareholding percentages or voting power, as the person involved holds zero shares. Minor positive signal for governance clarity as the company trims its promoter group to reflect actual control, but unlikely to move the stock price.