Intimation of Submission of Application for Reclassification from Promoter Category to Public Category in accordance with Regulation 31 A of the SEBI LODR Regulations 2015
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On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.5 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kisan Mouldings has submitted an application to BSE seeking approval to reclassify Ms. Bindiya R Aggarwal from the 'Promoter and Promoter Group' category to the 'Public' category. She holds 1,49,433 equity shares, representing just 0.13% of the company's paid-up equity share capital. The reclassification was approved by the Board on January 27, 2026, and the application was filed with BSE on January 31, 2026. The change is subject to BSE approval and compliance with SEBI Listing Regulations. Notably, this is a reclassification of status only and does not involve any sale or transfer of shares.
This is a minor administrative change — only 0.13% of equity is being reclassified from promoter to public. It is unlikely to have any meaningful impact on shareholding structure, control, or stock price.