Disclsoure under Regulation 31A of the SEBI(LODR) Regulation, 2015- Reclassification of Promoter and Promoter Group to Public Category pursuant to open Offer.
Awaiting price reaction for this filing.
Premium Capital Market & Investments Ltd has informed BSE that 81 individuals from its existing Promoter and Promoter Group category are being reclassified as Public shareholders. This follows the completion of an Open Offer by Mr. Suman Nandi (the Acquirer), which opened on January 16, 2026 and closed on January 30, 2026. Mr. Nandi took control of the company on March 03, 2026, and is now the sole classified Promoter. The reclassified members collectively hold a small percentage of shares, with Prem Neema holding the largest stake at 0.58% (38,300 shares), and most others holding under 0.15%. The reclassified members have confirmed they hold less than 10% voting rights collectively, do not control the company, and will not serve on the board for three years.
This is a procedural change of control — the Bandi family-led promoter group has exited the promoter category and Mr. Suman Nandi is now the controlling promoter. Shareholders should expect governance changes under the new promoter, though the reclassified members hold small stakes so this is unlikely to materially impact shareholding structure or liquidity.