Intimation of receipt of NOC from BSE Ltd for application for Reclassification from Promoter group to Public shareholder
KAMAHOLD · price
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Awaiting price reaction for this filing.
Kama Holdings has received a No-Objection Certificate from BSE to reclassify SMK Wellness Private Limited from the 'Promoter Group' category to the 'Public' category. The reclassification is being done under Regulation 31A of SEBI LODR Regulations. The application was originally submitted on June 4, 2025, and BSE granted its NOC on July 2, 2025. Once completed, SMK Wellness will no longer be treated as part of the company's promoter group. The filing does not mention any share quantities or percentage changes to the promoter holding.
This is a procedural reclassification that reduces the size of the promoter group on paper, but it does not involve any buying or selling of shares. Shareholders should note that the effective promoter shareholding of the company will decline once the reclassification is completed, which could modestly affect promoter-held percentages disclosed in future filings.