Intimation of receipt of request for reclassification from promoter and promoter group category to public category under regulation 31A of the SEBI LODR Regulations,2015
Awaiting price reaction for this filing.
Lords Mark India Limited has informed BSE that it received a request dated 18 October 2025 from E'L Dorado Guarantee Limited, a promoter entity, seeking reclassification from the 'Promoter & Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. Notably, E'L Dorado Guarantee Limited currently holds Nil shares in the company, representing 0% of the share capital. The reclassification is subject to approval by the Board of Directors, BSE, and other regulatory requirements under Regulation 31A. The company has enclosed the request letter with its filing.
Since the requesting promoter entity already holds zero shares, this reclassification is largely a formal/technical matter and is unlikely to materially affect shareholding structure or stock price. However, it signals that this entity no longer wishes to be identified as a promoter of the company.