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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
International Data Management Limited has issued a postal ballot notice seeking shareholder approval to reclassify Apollo Trading and Finance Private Limited from the 'Promoter' category to the 'Public' category. Apollo Trading holds 38,220 equity shares (1.74%) of the company, and the reclassification was requested by Apollo Trading on 2nd May 2025. The Board of Directors approved the request on 28th May 2025, and BSE has already granted its no-objection on 12th September 2025. Currently, the Promoter and Promoter Group collectively hold 5,55,845 shares (25.27%); after reclassification, Apollo Trading's 1.74% will move to the public category, marginally increasing the public shareholding. Remote e-voting is open from 10th October 2025 to 8th November 2025, with results to be declared on or before 10th November 2025.
Minor positive signal for public shareholders — the reclassification slightly increases the public float, but since the stake is small (1.74%), the impact on shareholding pattern and stock price is negligible. The resolution is an ordinary resolution and only requires a simple majority to pass.