RECEIPT OF RECLASSIFICATION ORDER FROM BSE UNDER REG 31A(10) OF SEBI LODR
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Awaiting price reaction for this filing.
BSE has approved Beryl Securities' application to reclassify 8 promoter entities (Sanjay Sethi, Sudhir Sethi, Soniya Sethi, Sudhir B Sethi HUF, Sanjay B Sethi HUF, Babulal Sethi HUF, Sangita Sethi, and Sohil Sethi) from the 'Promoter and Promoter Group' category to the 'Public Category'. The application was originally submitted on 3rd February 2025 and approved on 2nd September 2025. Notably, all 8 outgoing promoters already hold 0 shares (0.00%), so the company's actual shareholding pattern remains unchanged: promoter holding stays at 29,38,253 shares (60.59%) and public holding at 19,11,447 shares (39.41%). This is a procedural reclassification with no impact on the actual ownership structure.
No material impact on shareholders or stock price, as the outgoing promoters already held zero shares and the promoter shareholding percentage remains at 60.59% both before and after reclassification. This is essentially a housekeeping/corporate governance cleanup exercise.