Aksh Optifibre Limited has informed the receipt of No Objection Certificate (NOC) from NSE & BSE for Reclassification of Ms. Seema Choudhari from Promoter Group to Public
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Aksh Optifibre Limited has received No-Objection Certificates from both NSE and BSE (dated July 02, 2025) for the reclassification of Ms. Seema Choudhari from the 'Promoter Group' category to the 'Public' category. The company had applied for this reclassification on May 26, 2025, under Regulation 31A of SEBI LODR Regulations. Both exchanges have approved the reclassification, and the company is now required to ensure compliance with subsequent disclosure requirements related to this change. This effectively reduces the size of the company's promoter group by one member.
This is a routine regulatory reclassification that reduces the promoter group membership by one person but does not involve any change in actual shareholding. The economic interest in the company remains unchanged; only the regulatory classification of the shareholder shifts. This has no direct material impact on stock price or shareholder value.