Intimation of Approval Received for Reclassification of Promoter Shareholders under Regulation 31A of SEBI ( Listing Obligation and Disclosure Requirement ) Regulations, 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IIRM Holdings India Ltd has received BSE approval to reclassify two shareholders — Rajeev Agarwal and Indu Bala Agarwal — from the 'Promoter and Promoter Group' category to the 'Public' category. The approval was granted on May 7, 2026, under Regulation 31A of SEBI LODR Regulations. Notably, both outgoing promoters held zero shares (0% shareholding) prior to reclassification. The shareholding pattern shows promoter holding at 57.89% and public holding at 42.11%, which remains unchanged after reclassification. BSE also issued a separate warning letter noting the company was 33 days late in disclosing the initial reclassification application (submitted March 10, 2026 but disclosed April 13, 2026 instead of the required March 11, 2026).
No material impact on shareholding or stock price, as the reclassified promoters held no shares. The filing is largely administrative, confirming promoter group composition has been updated despite zero ownership change.