GRAUWEILBSEGrauer & Weil India Ltd-$LowNeutral
Announced Thu, 24 Jul · 17:22 IST

BSE Ltd. approved the re-classification application of Mr. Vinod Haritwal filed under Reg. 31A of SEBI Listing Regulations from promoter Category to Public Category.

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.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

BSE has approved the reclassification of Mr. Vinod Haritwal from the Promoter category to the Public category under Regulation 31A of SEBI Listing Regulations. Mr. Haritwal holds 6,240 shares, representing just 0.0014% of the company's shareholding, so this reclassification has negligible impact on overall promoter shareholding. The company's application was originally submitted on February 10, 2025, and approval came via BSE's letter dated July 23, 2025. BSE also issued a warning letter to the company for delaying its intimation to the exchange — disclosure was made on May 6, 2025, well past the 24-hour requirement under Regulation 31A(8)(c). The company has been advised to be cautious in future and avoid such lapses.

Likely market impact

This is a routine administrative reclassification involving a very tiny stake (0.0014%) and is unlikely to have any material effect on shareholding patterns or stock price. The warning letter is a minor compliance flag with no financial penalty, though it signals weak disclosure hygiene.