Kindly find the attached intimation for reclassification of Promoter & Promoter Group received to Company
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Awaiting price reaction for this filing.
Pervasive Commodities Ltd has received requests from two entities — Enigma Merchants LLP (holding 5,04,900 shares, 0.06%) and Winspire Project Consultants Pvt Ltd (holding 41,000 shares, 0.00%) — to be reclassified from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. Both entities have stated they no longer have any influence, control, or involvement in the company's day-to-day affairs or board decisions. The combined shareholding being reclassified is very small at around 0.06% of total voting rights. The reclassification is subject to approval by the Board of Directors and the stock exchange.
This is a routine housekeeping matter with negligible impact on shareholding structure since the entities involved hold an extremely small stake. It may marginally increase the public shareholding float but is unlikely to materially affect stock price or shareholder value.