Intimation of request received from Promoter seeking reclassification from "Promoter/Promoter" group to "Public" category.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajiv Rajnikant Parikh, a member of the promoter group holding just 100 equity shares in Khyati Multimedia Entertainment Ltd, has formally requested the board to reclassify his shareholding from the 'Promoter & Promoter Group' category to the 'Public' category. The request is made under SEBI (LODR) Regulation 31A, and the applicant has confirmed he does not hold over 10% voting rights, does not exercise control, has no special rights, is not on the board, and is not a key managerial person or willful defaulter. The reclassification requires approval from the board and stock exchanges, and the applicant must comply with related conditions for at least three years post reclassification.
Practically no impact on shareholders — the stake involved is just 100 shares, so this is a purely administrative/cosmetic change to the shareholding pattern classification rather than any meaningful shift in ownership or control.