BSEB.C. Power Controls LtdMediumNeutral
Announced Sat, 14 Jun · 15:17 IST

The Company has submitted the approval letter dated June 13, 2025 received from BSE for reclassification of Promoters under Regulation 31A of SEBI (LODR) Regulations, 2015.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

B.C. Power Controls Ltd has received approval from BSE (letter dated June 13, 2025) to reclassify 11 promoter/promoter group members from the 'Promoter' category to the 'Public' category under SEBI LODR Regulation 31A. The application was originally filed on April 3, 2025. The individuals/entities being reclassified include Ankit Jain, Arun Kumar Jain, Bonlon Industries Ltd, Bon Lon Securities Ltd, Bon Lon Pvt. Ltd., Harshit Finvest Pvt. Ltd., Rita Jain, Saloni Jain, Smita Jain, Arun Kumar Jain HUF, and Harshit Jain. Notably, all 11 entities currently hold 0 shares (0% shareholding), so this reclassification is administrative in nature. The company has also written to BSE to fix a minor clerical error where the name 'Arun Kumar Jain HUF' appeared incomplete in the approval letter.

Likely market impact

This is an administrative reclassification with no material impact on shareholding or stock price, since all reclassified entities already hold zero shares. Remaining promoter shareholding stays unchanged.