BSEPradhin LtdMediumNeutral
Announced Fri, 19 Sept · 13:45 IST

Intimation of submission of Reclassification Application to BSE for Reclassification from promoter Group category to public category

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pradhin Ltd has informed BSE that it submitted an application on August 6, 2025 to reclassify two individuals — Mr. Nandkishore Sonthalia and Mr. Nitin Vitthalrao Thorave — from the 'Promoter Group' category to the 'Public' category. Importantly, both individuals currently hold zero shares in the company. This intimation, dated September 19, 2025, is a procedural disclosure to the stock exchange seeking approval for the category change.

Likely market impact

No material impact on shareholders since both individuals hold 0 shares — this is a housekeeping/labeling change with no effect on actual shareholding structure or ownership percentages.