In accordance with Regulation 30 read with Regulation 31A(8) of the SEBI (LODR) Regulations, 2015 as amended, we wish to inform you that the company has received a No Objection Certificate ....
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Kisan Mouldings Ltd has received a No-Objection Letter from BSE for the reclassification of Mrs. Bindiya Aggarwal from the 'Promoter' category to the 'Public' category under SEBI LODR Regulation 31A. The exchange examined the company's application (submitted January 31, 2026) and confirmed compliance with the prescribed conditions before granting approval. BSE also issued a separate advisory letter noting that the company failed to disclose the reclassification application within the required 24-hour timeline, disclosing it only on February 13, 2026 instead of promptly. The company has been advised to exercise due caution and take corrective steps to avoid such delays in future compliance.
The reclassification of a promoter to public shareholder indicates reduction in promoter holding and possible future share sales, which could dilute promoter control. The BSE compliance warning is a regulatory concern but does not directly impact stock price.