The Board of Directors at their meeting held on 20th May 2025, after analyzing, have approved the requests received for reclassification from "promoters group" category to "public" category.
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Jasch Gauging Technologies Ltd informed the BSE that its Board of Directors, at a meeting held on May 20, 2025, approved requests received for reclassification of certain shareholders from the 'promoters group' category to the 'public' category. This follows an earlier communication dated May 13, 2025 on the same matter. The reclassification is subject to approval from BSE Ltd. The filing does not mention the names of the shareholders being reclassified, the number of shares involved, or the resulting promoter group shareholding percentage.
If approved, this will reduce the effective promoter group shareholding in the company and increase the public shareholding, which may influence governance dynamics and float-related metrics. Shareholders should await further details and BSE's approval before assessing any material impact on stock price or control.