Please find attached NOC received from BSE for Reclassification of Promoters from promoter category to public category pursuant to Regulation 31A of SEBI (LODR) Regulations, 2015
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Looks Health Services Ltd has received a No-Objection Certificate (NOC) from BSE for reclassifying two entities — Mr. Pritesh Champalal Doshi and Maxgainz Finserve Private Limited — from the 'Promoter' category to the 'Public' category under Regulation 31A of SEBI (LODR) Regulations, 2015. The NOC was granted on January 20, 2026, in response to the company's application dated December 3, 2025. The reclassification will take effect only after approval from shareholders in a general meeting. The company has been asked to comply with all subsequent disclosure requirements related to this reclassification.
Once shareholder approval is obtained, the promoter group shareholding in the company will reduce and the public shareholding will correspondingly increase, though the total shareholding of these entities remains unchanged. This may slightly improve the stock's free-float liquidity and is generally viewed as a neutral-to-positive governance signal.