Announced Fri, 17 Apr · 14:31 IST
NSE/BSE approve reclassification of Hyundai Motor Investment to Public category
Ownership Changes View source PDF
HYUNDAI · price
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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹1851.50
prior close
₹1902.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.1+0.4+2.0+1.9-0.0-0.7-3.5-1.3+2.9-3.8+6.7+8.0
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AI summary
NSE and BSE have granted no-objection for reclassification of Hyundai Motor Investment, INC from the 'Promoter & Promoter Group' category to the 'Public' category under SEBI Regulation 31A. This follows applications filed in February 2026. The reclassification means this entity's shareholding will now be counted under public shareholding instead of promoter shareholding. No actual change in ownership of shares has occurred.
Likely market impact
Reduces reported promoter group shareholding; that stake is now counted as public. Pure category reclassification, not a share sale.