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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of BGIL Films & Technologies, at its meeting on 12 August 2025, approved a request to reclassify three individuals — Mr. Gaurav Bhatia, Ms. Garima Bhatia, and Mr. Jitendra Bhatia — from the 'Promoter and Promoter Group' category to the 'Public' category. The move is being made under Regulation 31A of SEBI's Listing Regulations and is subject to approval from BSE, NSE, and other authorities. The company confirmed that all conditions specified under sub-regulation (3) of Regulation 31A have been complied with. Once approved, the reclassification will be reflected in the shareholding pattern from the immediate next quarter.
This reclassification will reduce the company's promoter group shareholding and increase the public shareholding category, though the document does not specify the exact percentage impact. Shareholders should note that this is a structural change in promoter classification, not a share sale, and will take effect only after stock exchange approvals.