CL Educate Limited has informed the Exchange regarding 'Intimation pursuant to Regulation 31A of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015 '.
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CL Educate Limited has received approval from both BSE and NSE to reclassify six members of its Promoter/Promoter Group as Public shareholders, effective July 16, 2025. The individuals being reclassified are Sujit Bhattacharyya, Abhijit Bhattacharyya, Shefali Acharya, Abhirup Bhattacharyya, Abhishek Bhattacharyya, and Sneha Krishnan. Only two of them actually hold shares — Sujit Bhattacharyya with 6,70,998 shares (1.24%) and Sneha Krishnan with 8,000 shares (0.01%) — together totalling 6,78,998 shares or 1.25% of shareholding. As a result, promoter holding drops slightly from 53.16% to 51.91%, while public holding rises from 46.84% to 48.09%. The reclassification was originally applied for on October 4, 2024, and will be reflected in the next quarterly shareholding pattern.
This is a regulatory reclassification and not a sale of shares, so there is no direct impact on the company's equity or stock price. Promoter shareholding remains above 50% at 51.91%, so the company retains its promoter-driven structure. Shareholders should note that six individuals, some with the Bhattacharyya surname, are no longer classified as promoters, which slightly reduces the formal promoter group footprint.