Dalmia Bharat Limited has informed the Exchange about General Updates
DALBHARAT · price
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Awaiting price reaction for this filing.
Dalmia Bharat Limited has submitted an application to NSE and BSE on July 24, 2025, seeking reclassification of an entity belonging to the promoter group from the 'promoter and promoter group' category to the 'public' category of shareholders. The request was originally received by the company on July 3, 2025, and the Board of Directors approved the reclassification at its meeting held on July 22, 2025, in line with Regulation 31A of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The application has now been formally filed with both stock exchanges for their consideration and approval.
If approved by the stock exchanges, the promoter group's shareholding in the company will reduce while the public shareholding category will increase, potentially improving the stock's free float and liquidity. This is a procedural step and does not involve any change in business operations or financials.