BSEEastern Treads LtdMediumNegative
Announced Mon, 2 Jun · 21:41 IST

Pursuant to Regulation 30 and 31 A of SEBI (LODR) Regulations, 2015, we regret to inform the sad demise of Mrs. Nabeesa Meeran, promoter of the Company.

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Eastern Treads Ltd has informed BSE about the sad demise of Mrs. Nabeesa Meeran, a promoter of the company, on June 2, 2025. She held 34,000 equity shares, representing 0.65% of the company's total shareholding. As per SEBI's Listing Regulations, she will cease to be part of the promoter/promoter group of the company. Her shares will remain recorded in her name until the transmission process is completed.

Likely market impact

This is a procedural disclosure with minimal impact on shareholders, as the promoter stake involved is very small (0.65%). The shares will undergo transmission to legal heirs, which may take time, but there is no change in total promoter holding until then. The stock price is unlikely to be materially affected.