Disclosure under Regulation 30 read with Regulation 31A of the SEBI(Listing Obligation & Disclosure Requirements) Regulations,2015,(SEBI Listing Regulations) Regulations,2015 (SEBI Listing ....
Awaiting price reaction for this filing.
Pradhin Ltd has received BSE approval to reclassify two individuals, Nandkishore Sonthalia and Nitin Vittalrao Thorave, from the 'Promoter Group' category to the 'Public' category under SEBI Regulation 31A. Both individuals currently hold zero shares (0.00%) in the company, so the reclassification is a formal category change with no actual change in shareholding. Separately, BSE issued a warning letter to the company for a procedural lapse — the reclassification application was submitted to BSE on August 6, 2025, but the public disclosure was made only on September 19, 2025, a delay beyond the prescribed timeline.
The reclassification has no real impact on shareholding since both members already hold zero shares. However, the BSE warning letter flags a compliance and governance lapse (delayed disclosure), which is mildly negative for the company's regulatory standing and may concern investors who track corporate governance closely.