The Board of Directors in their meeting held today considered and approved the request of re-classification of Mr. Gaurav Chopra and Ms. Geetanjali Chopra subject to requisite approval ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of OK Play India has approved a request from two individuals, Mr. Gaurav Chopra and Ms. Geetanjali Chopra, to be re-classified from the 'Promoter' category to 'Public' category under SEBI LODR Regulation 31A(8). Gaurav Chopra currently holds 5,63,500 shares (0.16%) and Geetanjali Chopra holds 2,60,500 shares (0.07%), together representing about 0.23% of the company. Both have confirmed they hold less than 10% voting rights, do not exercise control, have no board representation, and are not wilful defaulters or fugitive economic offenders. The re-classification is still subject to approval from BSE, and the company will apply to the exchange to formalise the change.
This is a very small re-classification event with negligible impact on the stock price or shareholder value, as the combined stake being moved is just 0.23%. It is largely a procedural governance update that reduces the formal promoter group slightly, with no change in actual control or significant shareholding.