Intimation of death of Mr. Roshan Lal Chabbra, promoter group under regulation 30 and 31A of SEBI.
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Gagan Gases Ltd has disclosed the death of Mr. Roshan Lal Chabbra, a member of the promoter group. The company clarified that the deceased held NIL (0.00%) equity shares in the company at the time of death. As per Regulation 31A(6)(c) of SEBI LODR Regulations, he will cease to be part of the promoter group. The filing is made under Regulation 30 and 31A for compliance purposes. Since the individual held zero shares, there is no direct change in the company's shareholding pattern.
This event has no material impact on the company's shareholding structure or stock performance since the deceased held no equity shares. It is a routine regulatory intimation for record-keeping purposes.