The Company has submitted the revised approval letter dated June 16, 2025 received from BSE for reclassification of Promoters/ Promoter Group under Regulation 31A of SEBI (LODR) Regulations, 215
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
B.C. Power Controls Ltd has received a revised approval letter from BSE dated June 16, 2025 for reclassifying 11 promoter/promoter group entities (Ankit Jain, Arun Kumar Jain, Bonlon Industries Ltd, Bonlon Securities Ltd, Bonlon Pvt. Ltd., Harshit Finvest Pvt. Ltd., Rita Jain, Saloni Jain, Smita Jain, Arun Kumar Jain HUF, and Harshit Jain) from the 'Promoter' category to the 'Public' category under Regulation 31A of SEBI LODR Regulations. The revision was only to correct the name of one entity ('Arun Kumar Jain HUF') in the promoter group list from the earlier approval dated June 14, 2025. Notably, all 11 reclassified entities already hold 0 shares (0% shareholding) in the company, so there is no actual change in shareholding.
This is essentially a procedural correction with no material impact on shareholding pattern or stock price, as the reclassified promoters already held zero shares. Investors should note a further reduction in the formal promoter group, which may slightly improve the public float perception but does not affect actual ownership.