EID Parry India Limited has informed the Exchange regarding 'Announcement under Regulation 31A of SEBI (LODR), 2015'.
EIDPARRY · price
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Awaiting price reaction for this filing.
EID Parry India has informed stock exchanges that its Board has approved a request from Algavista Greentech Private Limited (AGPL), a member of the Promoter Group, to be de-classified from the 'Promoter and Promoter Group' category under SEBI's Regulation 31A. The Board confirmed AGPL meets the eligibility conditions under Regulation 31A(3)(b) and approved the request at its meeting on February 12, 2026. The company will now apply to BSE and NSE for a No Objection Certificate, and the de-classification is subject to receiving this approval. AGPL has also committed to complying with ongoing requirements under Regulation 31A(4) of the listing rules.
This is a procedural step and does not by itself change shareholding numbers, but once approved by the exchanges, AGPL will no longer be counted as part of the promoter group. Shareholders should watch for further updates on how this affects the overall promoter group classification and any related disclosures.