Intimation of submission of Application for Reclassification from the category of "Promoter Group" to "Public" under Regulation 31A of SEBI (LODR) Regulations, 2015.
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IMEC Services Limited has submitted an application to BSE on June 04, 2025, seeking approval to reclassify four members of its promoter group from the 'Promoter Group' category to the 'Public' category under SEBI's Listing Regulations. The entities being reclassified are APL International Private Limited (25,568 shares, 1.35%), Nutrela Marketing Private Limited (1,136 shares, 0.06%), Ruchi Infrastructure Limited (443 shares, 0.02%), and Abhadevi Shahra (189 shares, 0.01%). Together, these shareholders hold 27,336 shares, representing 1.44% of the company. The move continues from earlier intimations dated May 28 and May 30, 2025, and is subject to BSE and SEBI approval.
This reclassification reduces the formal promoter group holding by 1.44%, but the shares themselves are not being sold — only their classification is changing. For shareholders, this is largely an administrative/corporate governance matter and is unlikely to have a material impact on stock price, though it indicates the exiting entities no longer have promoter-level influence or control over the company.