Intimation pertaining to request received for reclassification of shareholding from "Promoter/Promoter Group" to "Public" category as per Regulation 31A of SEBI (LODR) Regulation, 2015
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Khyati Multimedia Entertainment Ltd has informed BSE that it received a request from Rajiv Rajnikant Parikh, a member of the Promoter Group, to reclassify his shareholding from the 'Promoter and Promoter Group' category to the 'Public' category under Regulation 31A of SEBI (LODR) Regulations, 2015. Mr. Parikh holds only 100 equity shares, representing a negligible 0.00092% of the company's total shareholding. In his letter to the Board, he has confirmed he does not hold more than 10% voting rights, does not exercise control, has no special rights, is not on the board, and is not a key managerial person. The company stated it will file the necessary application for the reclassification in due course.
This reclassification involves an extremely small stake (100 shares, 0.00092%) and is unlikely to have any meaningful impact on the company's promoter holding, control structure, or stock price. It is largely a procedural/compliance matter.