Disclosure under Regulation 31A(8) of SEBI (LODR) Regulations,2015.
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The Board of Directors of OK Play India Limited has approved the request for re-classification of three promoters (Rajesh Chopra, Rajesh Chopra HUF, and Mrs. Sangeeta Chopra) from the 'Promoter' category to 'Public' category. These three promoters collectively hold 942,500 shares representing approximately 0.25% of the total share capital. They have confirmed they do not hold more than 10% voting rights, exercise no control over the company, have no special rights, and are not represented on the board. The re-classification is subject to approval from BSE.
This re-classification reduces the promoter group's holding by 0.25%, though the overall impact on the company's ownership structure appears minimal given the small percentage involved. For investors, this signals a further reduction in the promoter group's stake in the company.