Disclosure of Deemed Material Event under Regulation 31A(8)(c) of SEBI (LODR) Regulations 2015.

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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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

-5.7%1-day move

₹209.00

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

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AI summary

Netlink Solutions India Ltd has submitted an application to BSE Limited for reclassification of two promoters: Minesh Vasantlal Modi and Ms. Rupa Minesh Modi. This filing is made under Regulation 31A(8)(c) of SEBI (LODR) Regulations 2015, which governs the reclassification of promoters to non-promoter status. The application was submitted on 26th May 2026. Reclassification typically occurs when promoters reduce their shareholding below the promoter threshold, effectively ceasing to be classified as promoters of the company. The specific shareholding percentages or the extent of stake reduction is not disclosed in this filing.

Likely market impact

Reclassification of promoters signals a reduction in promoter holding, which may reduce confidence in insider ownership. It could also indicate potential future share sales by the outgoing promoters, creating selling pressure on the stock.