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Awaiting price reaction for this filing.
Oxygenta Pharmaceutical Ltd has informed BSE about a Postal Ballot process seeking shareholder approval for reclassifying certain persons from the 'Promoter/Promoter Group' category to the 'Public' category. The Board approved this Ordinary Resolution at its meeting on November 7, 2025. The e-voting window opens on November 12, 2025 and closes on December 11, 2025, with results to be declared the same day. Mrs. Aakanksha Sachin Dubey has been appointed as the Scrutinizer for the process. The company is a subsidiary of Virupaksha Organics Limited.
If approved, this reclassification will reduce the company's promoter group holding and shift those shares into the public shareholding category, potentially affecting promoter stake disclosures and minimum public shareholding compliance.