Received BSE NOC dated 01.06.2026 for Reclassification of Promoters. Please refer attached letter.
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Kalind Ltd announced that BSE has granted a no-objection certificate (NOC) dated June 1, 2026, for the reclassification of Mr. Yagnik Bharatkumar Tank and Mr. Denis Bhupendra Desai from the company's Promoter Group under SEBI LODR Regulation 31A. The company had applied for this reclassification on April 7, 2026, following earlier submissions in April 2026. Once the reclassification is effective, these two individuals will no longer be classified as part of the Promoter Group, and their shareholding will be treated as non-promoter/public. This is a procedural compliance update related to promoter classification rather than a change in actual shareholding.
For shareholders, this changes how these two persons' holdings are categorised (from promoter to public), which can affect promoter shareholding percentage figures. It does not involve any actual buying or selling of shares and is unlikely to have an immediate impact on the stock price.