GSEG seeks reclassification from promoter to public shareholder
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Gujarat State Energy Generation Limited requested to move from promoter to public shareholder status. It holds 444,078 shares, or 0.14% of the company. The request follows the April 2026 amalgamation and aims to simplify the corporate structure. It does not change ownership, voting rights, control or management, and requires board and stock exchange approval.
There is no immediate change in ownership or control. Approval would only change the shareholder classification, with little direct effect on the stock.