Please find enclosed herewith intimation of submission of application for Reclassification of Promoters/Promoter group "Promoter Group" category to "Public" category shareholders of Company ....
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Awaiting price reaction for this filing.
Kaizen Agro Infrabuild Ltd (formerly Anubhav Infrastructure Limited) has applied to BSE for reclassifying five members from 'Promoter/Promoter Group' to 'Public' category under SEBI LODR Regulation 31A. The company's Board had already approved the reclassification on June 23, 2025, and the formal application was submitted to BSE on June 24, 2025. The individuals seeking reclassification are Mr. Naresh Kumar Agarwal, Mr. Dinesh Agarwal, Mrs. Santosh Devi Agarwal, Mrs. Pallavi Agarwal, and Mrs. Nitu Kanodia. The document does not clearly state the shareholding details of these individuals due to formatting issues in the table.
If approved, these five individuals will no longer be classified as promoters, which could reduce the overall promoter group shareholding and change the company's promoter holding percentage. This is typically a procedural step rather than a stake sale, so immediate stock price impact may be limited, but it signals these individuals no longer exercise promoter-level control or influence over the company.