We wish to inform you that the Company has received Request letters dated April 29, 2026, from few of the member(s) of the Promoter Group, seeking reclassifiaction from the "Promoter Group" ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ECS Biztech Ltd received request letters dated April 29, 2026 from 7 members of the Promoter Group seeking reclassification to the Public category under SEBI LODR Regulation 31A. The applicants are Bharatkumar K Doshi, Bhumija Patel, Bharat Kantilal Doshi HUF, Shah Nina Milin, Dharmesh Rajnikant Shah, Shah Milin Nautambhai, Sachi Chirag Patel, and Shilpa Bharatkumar Doshi. Most hold negligible or zero shares (total 88,087 shares or about 0.43% of the company). The largest holder is Shilpa Bharatkumar Doshi with 80,000 shares (0.39%). All applicants confirmed they do not hold more than 10% voting rights, exercise no control, have no board representation, and are not wilful defaulters. The reclassification is subject to approval by the Board of Directors and BSE Limited.
Minimal impact on stock price since these are small shareholders collectively holding less than 0.5% and they are merely being reclassified rather than selling shares. The filing cleans up the shareholder register by formally moving inactive or non-controlling persons from the promoter group category.