Further to our letter dated 14th February, 2026, we have submitted the application and required documents to BSE for approval of the reclassification of a Promoter to Public Status.
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Awaiting price reaction for this filing.
Capital Trade Links Ltd has informed BSE that it submitted an application on 17th February 2026 seeking approval to reclassify Mr. Neeraj Garg from the 'Promoter Category' to the 'Public Category.' Mr. Garg had originally requested this reclassification via his letter dated 9th February 2026. The Board of Directors of the company approved the request on 14th February 2026. The company has now filed all required documents with BSE as per applicable regulations to get the reclassification formally approved. No shareholding figures or transaction details have been disclosed in this update.
Once approved, the promoter group shareholding in the company will reduce by whatever stake Mr. Neeraj Garg holds, and that holding will move to the public category. The stock price impact is likely to be limited unless the stake is sizeable, as this is a procedural reclassification rather than an actual share sale.