we wish to inform you that the Company has received No-Objection letter from BSE Limited for the Reclassification of Certain Shareholders from the ''Promoter and Promoter Group'' to the ''Public.''
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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.
BSE has approved Kisan Mouldings' request to reclassify nine members of the Aggarwal family (Veena, Amit, Vijay, Ashok, Amita, Gaurav, Radhika and two Aggarwal HUFs) from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI's Regulation 31A. The company had applied on August 8, 2025, and BSE issued the no-objection letter on October 3, 2025. Separately, BSE also issued a warning letter because the company disclosed the reclassification request to the exchanges on August 4, 2025 — about two weeks after the promoters submitted it on July 21, 2025 — which was viewed as a delayed compliance lapse.
These nine promoter-group members will move to the public shareholder category, reducing the size of the promoter group. The exact change in promoter shareholding percentage is not disclosed in the filing. The accompanying BSE warning letter flags governance and disclosure-timeliness concerns that investors should weigh alongside the reclassification.