Disclosure under Regulation 31A (8)(C)- Intimation of Submission of Application for Reclassification from "Promoters and Promoters Group" to "Public".
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IEL Limited has submitted an application to BSE on 16th February 2026 for reclassification of Mr. Ronit Champaklal Shah, Mrs. Kalpanaben Champaklal Shah, and Mr. Romit Champaklal Shah from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI's Regulation 31A. The Board of Directors had approved this reclassification request on 13th February 2026. The application has now been formally filed with BSE for processing and approval.
If approved, these three individuals will no longer be classified as promoters of IEL Ltd, meaning their shareholding will be treated as public shareholding. This is an administrative reclassification and does not involve any sale or transfer of shares. Shareholders should watch for BSE's approval and any resulting changes in the promoter vs public shareholding split.