Announced Mon, 16 Mar · 14:47 IST

Intimation of Reclassification of Mr. Pritesh Doshi and Maxgainz Finserve Private Limited from Promoter Category to Public Category

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹8.31
prior close
₹8.15
base price
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+0.0+0.0+0.0+0.0-3.9-5.7-7.5-9.3-11.1-14.4-28.3-26.4-26.5+23.6
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AI summary

Looks Health Services Ltd has informed BSE that shareholders have approved, via postal ballot (results declared March 15, 2026), the reclassification of Mr. Pritesh Doshi and Maxgainz Finserve Private Limited from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. Separately, shareholders also approved the shifting of the registered office from Mumbai, Maharashtra to Bopal, Ahmadabad, Gujarat, subject to further regulatory approvals. The reclassification and office shift were passed with the requisite majority. No specific shareholding percentages or financial numbers are disclosed in this filing.

Likely market impact

Two promoter-group entities moving to the public category will reduce the official promoter shareholding of the company, which may be relevant for investors tracking promoter holding levels and governance structure. The proposed move of the registered office to Gujarat suggests a potential shift in the company's operational base, though it requires further regulatory clearance.