Announced Thu, 14 May · 16:33 IST

INTIMATION UNDER REGULATION 31A OF SEBI LODR 2015

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ajwa Fun World & Resort Ltd has submitted an application to BSE seeking no objection for reclassification of 3 promoter group members — Nilesh K. Jain (0.12%), Manish M. Jain (0.06%), and Kamlesh K. Jain (0.16%) — from the Promoter/Promoter Group category to the Public category. The total reclassification involves 21,300 shares, representing approximately 0.34% of paid-up capital. This follows the company's board meeting on 18 April 2026 where the request from these persons was approved, and the application was submitted on 14 May 2026.

Likely market impact

This reclassification reduces the listed promoter group, decreasing the company's publicly disclosed promoter holding. The remaining promoters (who are not listed in this filing) will continue to hold the rest of the promoter stake.