Pursuant to Regulation 31 A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, we wish to intimate regarding rejection of application ....
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Awaiting price reaction for this filing.
IMEC Services Ltd had applied to BSE to reclassify four entities — APL International Private Limited, Nutrela Marketing Private Limited, Abha Devi Shahra, and Ruchi Infrastructure Limited — from the 'Promoter & Promoter Group' category to the 'Public' category. Together, these entities hold 27,336 equity shares (face value Rs. 10), representing just 1.44% of the company's paid-up share capital. BSE has rejected this application, even though the company responded to two rounds of observations from the exchange (on October 31 and November 20, 2025). Notably, IMEC Services says it has not received any formal written communication from BSE explaining the reasons for the rejection and has only seen it reflected on the stock exchange portal.
For retail investors, this means the reclassification has failed and these four entities will continue to be counted as part of the promoter group, so there is no change to the company's promoter vs. public shareholding structure. The company intends to seek further clarification from BSE and may take additional steps, but the near-term impact on shareholders is minimal given the tiny 1.44% size of the affected stake.