Anik Industries Limited has informed the Exchange regarding 'Intimation regarding receipt of request from Patanjali Foods Limited (PFL), seeking re-classification from Promoter & Promoter Group to Public category'.
ANIKINDS · price
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Anik Industries Limited has informed the stock exchange that Patanjali Foods Limited (PFL) has submitted a request to be reclassified from the 'Promoter & Promoter Group' category to the 'Public' category. Such reclassifications are governed by SEBI's ICDR Regulations and require approval from the company's board and shareholders, along with exchange and SEBI clearance. PFL appears to no longer wish to be associated as a promoter entity of Anik Industries. The specific shareholding of PFL or the impact on overall promoter group holdings has not been disclosed in this intimation.
If approved, PFL will no longer be counted as part of Anik Industries' promoter group, which could reduce the officially recognized promoter shareholding and shift those shares into the public float category. This is a procedural reclassification, not a share sale, so it does not directly affect stock price, but it may alter promoter holding disclosures and future regulatory thresholds.