Dalmia Bharat Limited has informed the Exchange about General Updates. Receipt of approval of Stock Exchanges for Reclassification of certain shareholders from Promoter and Promoter Group category to Public category under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
DALBHARAT · price
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Dalmia Bharat Limited has received approval from both NSE and BSE (dated July 7, 2025) to reclassify two entities — RHI Magnesita India Refractories Ltd (formerly Dalmia OCL Limited) and Dalmia GSB Refractories GmbH — from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI Listing Regulations. The application was originally filed on May 17, 2024. Notably, both outgoing entities already hold 0 shares (0.00%) in the company, making this a formal/technical reclassification. As a result, promoter holding remains unchanged at 55.84% (10,47,31,548 shares) and public holding stays at 44.16% (8,28,33,613 shares), with no impact on the shareholding pattern.
This is a procedural/technical update with no material impact on shareholding structure or voting power, since the reclassified entities already held zero shares. No change in promoter control or public float — investors should not expect any price impact from this announcement.