Intimation under Reg 31A(10) of SEBI (LODR), Regulations, 2015 for reclassification of Promoter/ Promoter group to Public and Acquirer to Promoter/ Promoter Group
Awaiting price reaction for this filing.
Filtron Engineers has informed the stock exchange that the open offer made to its public shareholders has been successfully completed, resulting in a change of control of the company to the acquirer(s). Following the transfer of all shares held by the four erstwhile promoters (Sadanand Ganpati Hegde, Sadanand Ganapti Hegde HUF, Chetna Sadanand Hegde, and Bharati Sadanand Hegde) to the acquirer, these individuals/HUF have been reclassified from the 'Promoter and Promoter Group' category to the 'Public' category with effect from June 02, 2026. The acquirer(s) have been simultaneously categorized as the new Promoter of the company. The company confirmed full compliance with all conditions under Regulation 31A(10).
This signals a formal change in control of Filtron Engineers, with new promoter(s) taking over management. Shareholders should expect potential shifts in strategy, board composition, and future direction under the new promoter(s), while the reclassified former promoters are now treated as ordinary public shareholders.