Intimation of receipt of approval of BSE Limited for Reclassification of Promoter Shareholders under Regulation 31A(10) of SEBI (LODR) Regulations, 2015
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Hypersoft Technologies has received BSE approval to reclassify five members — Dadabhoy Russi Bhote, Feroz Russi Bhote, Kashmira Dadabhoy Bhote, Rustam Dadabhoy Bhote, and Urmez Feroz Bhote — from the 'Promoter/Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A(10). Notably, all five reclassified members hold 0 shares and 0% stake in the company. The total promoter shareholding remains unchanged at 20,34,540 shares (47.85%), and public holding stays at 22,17,160 shares (52.15%), both before and after the reclassification. The application was originally filed on March 12, 2025, and approval came via BSE letter dated June 13, 2025.
This is a technical/cosmetic reclassification with no actual change in shareholding pattern or control. Existing shareholders see no dilution, transfer of shares, or shift in voting power — the promoters already held 0 shares. The stock price is unlikely to be materially affected.