Disclosure under Regulation 31A (8)(a)- Intimation of Receipt of Requests for Re-Classification from "Promoter and Promoter Group" to "Public Category" Under Regulation 31A.
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IEL Limited has informed BSE that it received reclassification requests on 13 January 2026 from three persons belonging to the Promoter and Promoter Group category — Ronit Champaklal Shah, Kalpanaben Champaklal Shah, and Romit Champaklal Shah. All three currently hold NIL equity shares in the company and have asked to be reclassified from the Promoter category to the Public category. They stated they are not involved in the company's business or management, have no special rights, and are not connected to the current Board. The requests will now be considered by the Board, which will seek necessary approvals under SEBI's Regulation 31A framework.
Since all three applicants already hold zero shares, the reclassification is largely a procedural/administrative housekeeping exercise and is unlikely to materially affect shareholding patterns or the stock price. Shareholders should await the Board's decision and any further updates on promoter-group composition.