Pursuant to the provisions of Regulations 30 and 31A (8) of the Listing Regulations, we wish to inform you that the Board, at its meeting held today i.e. 23rd June, 2025, has inter-alia ....
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The Board of Directors of Kaizen Agro Infrabuild Ltd, at its meeting held on 23rd June 2025, approved the reclassification requests of five members of the promoter and promoter group — Pallavi Agarwal, Santosh Devi Agarwal, Nitu Kanodia, Naresh Kumar Agarwal, and Dinesh Agarwal — from the 'promoter/promoter group' category to the 'public' category under Regulation 31A of the SEBI Listing Regulations. This follows an earlier intimation dated 16th June 2025 regarding receipt of these reclassification requests. The board meeting commenced at 3:00 p.m. and concluded at 3:35 p.m.
This move is likely to substantially reduce the company's promoter shareholding, potentially pushing it below the 50% mark and making it a largely public-held entity. While it may improve the stock's public float and trading liquidity, it could also reduce promoter confidence signals and may trigger concerns about loss of promoter control over the company.