Please find attached intimation with respect to submission of application to Stock Exchange (BSE Limited) upon receipt for Reclassification from Promoter/Promoter Group to Public Category ....
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Kalind Ltd has submitted an application to BSE seeking no-objection for reclassifying two individuals—Yagnik Bharatkumar Tank and Deniis Bhupendra Desai—from the Promoter/Promoter Group category to the Public category. Both persons currently hold 0 shares (0% stake) in the company. This follows earlier letters dated April 2 and April 6, 2026 regarding the same reclassification. The request is made under Regulation 31A of the SEBI Listing Regulations and is subject to BSE approval and other necessary consents.
This reclassification removes two entities from the promoter group, potentially reducing the disclosed promoter holding to zero for these individuals. For shareholders, this is an administrative change that clarifies the actual shareholding structure, though the impact on stock price is likely neutral given the zero shareholding involved.