Board approves reclassification of 16 promoter group members to Public category
KMEW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Board of KMEW, at its meeting on October 21, 2026, approved requests from 16 promoter group members seeking reclassification to the Public category under SEBI Listing Regulation 31A. Most members hold zero shares; two hold negligible holdings (Pankaj Gurbani with 150 shares and Bharti Daswani with 30 shares). The reclassification still needs approval from BSE and NSE. The meeting ran from 6:30 pm to 7:10 pm IST.
Likely neutral for shareholders. Promoter group holding remains essentially unchanged as most members hold zero shares; final reclassification awaits stock exchange nod.