Announced Wed, 6 May · 17:58 IST

Extract of Board Meeting held on Tuesday, 5th May, 2026

Ownership Changes View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pervasive Commodities Limited's board has approved the reclassification request from two entities - Enigma Merchants LLP (504,900 shares, 0.06%) and Winspire Project Consultants Private Limited (41,000 shares, 0.00%) - from 'Promoter and Promoter Group' to 'Public' category. Combined, these entities hold only 545,900 shares representing 0.06% of total shareholding. The board confirmed these entities are not involved in company management, exercise no control, and hold less than 1% of voting rights. The reclassification is subject to BSE Limited approval under SEBI Regulation 31A and will take effect from the succeeding quarter after receiving clearance.

Likely market impact

Minimal impact on shareholding structure as the reclassifying entities collectively hold only 0.06%. The reclassification reduces the promoter group's count but does not materially affect ownership or control dynamics.