Outcome of the Board Meeting approving the re-classification of Promoters/Promoter Group of the Company.
Awaiting price reaction for this filing.
The Board of Directors of RCC Cements Ltd, at its meeting held on 29-08-2025, approved the reclassification of 5 promoter entities from the 'Promoter/Promoter Group' to the 'Public' category. The combined shareholding of these promoters is 1,22,500 shares, representing 2.18% of the paid-up capital. Notably, only two of the five entities actually hold shares — Ms. Anupreksha Jain with 68,500 shares (1.22%) and Yogesh Jain (HUF) with 54,000 shares (0.96%) — while Mr. Yogesh Jain, Ms. Preeti Jain, and Focus Impex Private Limited hold zero shares. The reclassification follows requests received on 09-08-2025 and is subject to approval from company members and a No Objection Letter from BSE and other regulators.
Once approved, the promoter group's effective holding will reduce by 2.18%, marginally shifting shareholding from promoter category to public category. This could slightly increase the public float and free-float for trading, though the actual impact on stock price is likely limited given the small size.