Quadrant Future Tek Limited has informed the Exchange about Death of Smt. Parmjeet Kaur belonging to Promoter Group of the Company
QUADFUTURE · price
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Quadrant Future Tek has informed the stock exchanges about the passing of Smt. Parmjeet Kaur, a member of the company's promoter group. Importantly, she did not hold any shares in the company. As a result, she will be removed from the promoter group list under SEBI Listing Regulations. This is a routine regulatory disclosure filed under Regulation 30 and 31A(6)(c). No change in the shareholding or capital structure of the company is involved.
This announcement has no material impact on shareholders or the stock price, as the deceased individual held no shares and there is no change in the company's ownership or capital.