Intimation of Request received for Re-Classification by person falling under Promoter Group under Regulation 31A SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.
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Awaiting price reaction for this filing.
Imec Services Ltd has received requests from two promoter group members — Ruchi Infrastructure Limited (443 shares, 0.02%) and Abhadevi Shahra (189 shares, 0.01%) — to be reclassified from the 'Promoter & Promoter Group' category to the 'Public' category. The combined stake involved is just 632 shares, representing only 0.03% of the company's paid-up share capital. Both applicants have stated they are not involved in the company's management, do not control its affairs, and hold no special rights. The Board of Directors will review the request, and final approval is subject to the BSE under SEBI's Regulation 31A.
This is a very small, largely procedural change that reduces the promoter group basket by a mere 0.03%. It is unlikely to have any meaningful impact on the stock price or shareholder structure for retail investors.