Intimation pursuant to Regulation 31A of SEBI Listing Regulations
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Awaiting price reaction for this filing.
Kartik Investments Trust has filed an application with BSE to reclassify Algavista Greentech Private Limited (AGPL), a promoter group entity, to the public category. This follows board approval given on 5 February 2026. The reclassification is being done under Regulation 31A of the SEBI Listing Regulations. No specific shareholding numbers or stake sizes have been disclosed in this filing.
Once approved, this reclassification will reduce the company's promoter group shareholding and increase the public shareholding count. It is a procedural disclosure with no direct financial impact on existing shareholders at this stage.