Cords Cable Industries Limited has informed the Exchange about Intimation of inclusion of Naveen Sawhney HUF in Promoter Group
CORDSCABLE · price
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Cords Cable Industries has informed the stock exchanges that Naveen Sawhney HUF, represented by its Karta Mr. Naveen Sawhney (an existing promoter), has been included in the company's 'Promoter Group' under SEBI's ICDR Regulations, 2018. The HUF holds 12,700 equity shares, representing 0.098% of the company's share capital. The inclusion is effective from 27 March 2026. The company clarified that this does not result in any change in control or management of the company.
This is a technical regulatory reclassification of an existing minor holding (0.098%) as part of the promoter group, not a new acquisition. There is no change in control or management, and no material impact on the stock is expected.