This is in reference to the above mentioned subject wherein your good office has sought clarification regarding the increase in Promoter and Promoter Group Count in Shareholding Pattern ....
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Awaiting price reaction for this filing.
KG Petrochem has clarified to BSE that the rise in the number of promoter and promoter group entries in its June 30, 2025 shareholding pattern is purely a disclosure change, not an actual change in shareholding. Per a new SEBI circular dated March 20, 2025, the company is now required to list all promoter group members even if they hold zero shares. Accordingly, two individuals — Mantika Singhal and Anusha Singhal — have been added to the promoter group with NIL shareholding. The shareholding of all existing promoters remains unchanged: Gauri Shanker Kandoi at 27.37%, Manish Singhal at 27.67%, Manish Singhal HUF at 6.51%, Prity Singhal at 5.06%, and Savitri Kandoi at 8.05%.
There is no material impact on the company's ownership structure or shareholders' value — no shares were bought, sold, or pledged. This is a procedural compliance update driven by a SEBI circular, so the stock price is unlikely to be affected.