PFA
Awaiting price reaction for this filing.
The board of Bharatiya Global Infomedia Ltd, at its meeting held on 12 August 2025, approved a request to reclassify Mr. Gaurav Bhatia from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI's Listing Regulations. The reclassification is subject to approval from BSE and NSE, along with any other required regulatory clearances. Mr. Bhatia has confirmed compliance with all conditions under Regulation 31A(3)(b). Once approvals are received, the company will reflect this change in its shareholding pattern from the next quarter.
This move reduces the effective promoter shareholding of the company by shifting Mr. Gaurav Bhatia's stake into the public category, which could increase the public float. Shareholders should watch for the next shareholding pattern filing for the exact change in promoter vs public holding percentages.