Intimation for approval received for Reclassification.
Awaiting price reaction for this filing.
Murae Organisor Ltd has received BSE approval to reclassify 5 entities — 4 individuals (Bhumishth Narendrabhai Patel, Payal Bhumishth Patel, Narendrakumar Gangaramdas Patel, Sushilaben Narendrakumar Patel) and Recurso Wellness Pvt Ltd (formerly Auxilia Pharmaceuticals) — from the 'Promoter and Promoter Group' category to 'Public' category under SEBI Regulation 31A. These outgoing promoters collectively hold only 140 shares (0.00%) of the company. Post-reclassification, promoter holding stands at 0.00 shares (0.00%) and public holding is 92,94,82,155 shares (100.00%) out of the total share capital. The application was originally filed on May 11, 2024, and approved by BSE on August 21, 2025.
This is a largely procedural reclassification with negligible impact on shareholding structure, as the outgoing promoters already held an insignificant 0.00% stake. It does not change control, voting power, or float meaningfully, and is unlikely to affect the stock price.