Intimation of Receipt of NOC for reclassification application of promoter under Regulation 31A of SEBI (LODR) regulations 2015
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BSE has approved the reclassification of Apollo Trading and Finance Private Limited from the 'Promoter Category' to the 'Public Category' under SEBI's Regulation 31A. The shareholder holds 38,220 equity shares, representing just 1.74% of International Data Management Limited's equity. The company had originally applied for this reclassification on 31 May 2025, and BSE confirmed its no-objection via letter dated 12 September 2025. This effectively reduces the company's promoter group shareholding by a small margin.
This is a routine, low-impact administrative change. Since the shareholder being reclassified held only 1.74%, the move has minimal effect on promoter shareholding or stock price. It should not materially affect retail investors.