Intimation Of Receipt Of Request Letters From Person Belonging To The Promoter Category Of The Company Seeking Re-Classification To Public Category
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Healthy Investments Ltd has received reclassification requests from four promoters (Jagadish Prasad Kanuri, Shantha Prasad Challa, K. Harishchandra Prasad, and K. Rama Krishna Prasad) seeking to move from the 'Promoter' category to 'Public' category under SEBI LODR Regulation 31A. Critically, all four promoters currently hold zero equity shares (0.00% shareholding) in the company. Each promoter has confirmed they do not hold more than 10% voting rights, exercise no control over company affairs, have no board representation, and are not key managerial personnel. The reclassification requires approval from both the Board of Directors and BSE Limited before taking effect.
Since these promoters hold no shares, the reclassification will not change the actual shareholding structure or affect stock price. It is a technical/regulatory cleanup to formally remove non-existent promoter holdings from the promoter category.