Approval of Reclassification of Promoter and Promoter Group
Price
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Awaiting price reaction for this filing.
Prismx Global Ventures Ltd informed the stock exchange that shareholders, at a meeting held on 27 September 2025, approved three items: (1) appointment of M/s. HRU & Associates as Secretarial Auditor for a 5-year term, (2) appointment of M/s. Pravin Chandak & Associates, Chartered Accountants, as Statutory Auditor for a 5-year term, and (3) reclassification of two members — Dheeraj Shah (40,80,818 shares, 0.93%) and Paresh Shah (16,00,000 shares, 0.36%) — from the 'Promoter' category to the 'Public' category. Together, these two shareholders hold about 1.29% of the company's shares. The reclassification requests were originally received from the shareholders on 2 July 2025.
The promoter group's combined shareholding will reduce marginally by ~1.29% as these two individuals move to the public category, which is a minor structural change with little material impact on stock price. The auditor appointments are standard governance renewals and do not signal any concerns.