AFILNSEAkme Fintrade (India) LimitedMediumNeutral
Announced Wed, 17 Jun · 17:36 IST

BSE and NSE approve reclassification of promoter group member

Ownership Changes View source PDF

AFIL · price

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

Price reaction · full curve 14 horizons · vs prior close
+4.7%1-day move
₹10.41
prior close
₹10.53
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.3-1.3-1.4+4.7+2.8+0.9+2.3-0.8+3.3-5.9-7.0
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AI summary

BSE and NSE have approved Akme Fintrade's application to reclassify Akme Star Housing Finance Limited from the Promoter Group category to the Public category under SEBI LODR Regulation 31A. The reclassified entity held 0 shares both before and after the change, so there is no actual shift in shareholding. The company had applied on April 22, 2026, and received approvals on June 17, 2026.

Likely market impact

Minimal impact on shareholders since the reclassified entity held zero shares. Promoter group shareholding stays the same. This is a formal label change only.