ANUHPHRBSEAnuh Pharma LtdMediumNeutral
Announced Fri, 22 May · 19:09 IST

Intimation for the Resolution for reclassification of shareholders from Promoter group to Public category

Ownership Changes View source PDF

ANUHPHR · price

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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹76.45
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₹75.58
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After-mkt
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AI summary

Anuh Pharma's board has approved the reclassification of 9 individuals from the Promoter/Promoter Group category to the Public category under SEBI Regulation 31A. The individuals—family members including Madhurika Narendra Shah, Hemant Babubhai Choksi, Mukesh Kantilal Shah, Aruna Navnit Shah, Vikram Kirtilal Shah, Kiran Piyush Shah, Kinjal Siddharth Jhaveri, Nina Vijay Shah, and Neela Pradeep Shah—collectively held 949,988 shares (approximately 0.95%). The board confirmed they are not involved in management, do not exercise control, hold no board or KMP positions, and are not wilful defaulters or fugitive economic offenders. The reclassification is subject to shareholder and stock exchange approval if required.

Likely market impact

The reclassification reduces the promoter group's recorded shareholding by under 1%, with minimal impact on stock price. It primarily regularises the status of passive family members who hold negligible stakes and have no involvement in the company's operations.