Anuh Pharma Limited has informed the Exchange regarding Intimation for requests received from Persons belonging to Promoter Group seeking reclassification from Promoter Group to Public.
ANUHPHR · price
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Anuh Pharma Limited has received reclassification requests from 9 persons belonging to the Promoter Group who wish to be moved to the Public category. The total shares involved are 949,988 shares representing 0.95% of the company's shareholding. The largest individual request is from Kinjal Siddharth Jhaveri holding 816,160 shares (0.81%), while others hold between 200 to 60,000 shares each. All applicants state they became part of the Promoter Group merely by being immediate relatives of the Promoters, and they are no longer involved in the company's management or affairs. Each applicant has confirmed they do not hold more than 10% voting rights, do not exercise control, and have no special rights. The requests will be considered by the Board at an ensuing meeting and require shareholder and Stock Exchange approvals before completion.
The reclassification, if approved, will slightly reduce the Promoter Group shareholding by approximately 0.95%. This is a routine regulatory filing with minimal impact on stock price, as all applicants hold negligible shares and have no management involvement.