Intimation of Submission of Reclassification Application
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Awaiting price reaction for this filing.
Ambassador Intra Holdings has applied to BSE for reclassifying four promoter group shareholders as public shareholders under SEBI LODR Regulation 31A. The outgoing promoter group members are Piyushbhai Mahendra Doshi (500 shares, 0.02%), Sachin Jayprakash Jalan (6,500 shares, 0.31%), Shikha Jalan (6,500 shares, 0.31%), and Siddharth Ajmera (500 shares, 0.02%). Together they hold 14,000 equity shares representing just 0.66% of total shareholding. The application was submitted on 13.02.2026 and intimation is being given to BSE on 04.06.2026. This is a regulatory reclassification, not a sale of shares, so there is no change in the actual shareholding pattern.
This is a minor administrative reclassification affecting only 0.66% of shares and is unlikely to have any meaningful impact on stock price or shareholder value. It signals that these individuals no longer qualify as promoter group members under SEBI rules.