This is to inform you that the company has received request letters from Mr. Gaurav Chopra and Ms. Geetanjali Chopra for reclassification from Promoter Group category to Public category.
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OK Play India Ltd has received requests from Mr. Gaurav Chopra and Ms. Geetanjali Chopra to be reclassified from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI's Listing Regulations. Gaurav Chopra currently holds 5,63,500 equity shares and Geetanjali Chopra holds 2,60,500 equity shares, totaling 8,24,000 shares. Both have stated they are not involved in the day-to-day operations, hold no board positions, and do not exercise control over the company's affairs. The reclassification process will now follow the procedures laid out in Regulation 31A of the SEBI LODR Regulations, which typically requires shareholder and stock exchange approvals.
If approved, the promoter group shareholding in OK Play India will reduce, potentially increasing the public float and free-float availability of the stock. This is a procedural reclassification rather than a sale, so there is no immediate change in shareholding economics, but it may marginally improve liquidity and broaden the public shareholder base.