Application seeking reclassification of status from "Promoter Category" to "Public Category".
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
A person named Neeraj Garg, currently classified as a Promoter of Capital Trade Links Ltd, has applied to be reclassified as a Public shareholder under SEBI Regulation 31A. He holds only 20,000 equity shares, representing a negligible 0.02% of the company's total shareholding. He states he has no involvement in the company's management, operations, or board, and exercises no control over its affairs. The company has forwarded this application to BSE for their records and further action.
This is a cosmetic reclassification with virtually no impact on shareholders, as the stake involved is just 0.02% of the company. It does not involve any buying, selling, or transfer of shares and should not affect the stock price or ownership structure in any meaningful way.