ENCLOSED HEREWITH INTIMATION OF RECLASSIFCATION RECEIVED FROM MR KIRAN VORA
Awaiting price reaction for this filing.
Mr. Kiran Nagindas Vora, currently classified as part of the Promoter Group, has formally requested reclassification to the Public category under SEBI LODR Regulation 31A. He holds 0% shares (nil), is not on the Board, is not a KMP, and none of his family members hold any shares or board positions in the company. His letter notes that recent share transfers among promoter group members have brought the overall Promoter Group shareholding below 10% of paid-up capital. The company has acknowledged receipt and stated it will take the necessary steps in due course.
This is largely a procedural governance update with minimal direct stock-price impact, as Mr. Vora already holds zero shares. If approved, it formally reduces the size of the promoter group but does not change actual shareholding patterns.