In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company in its meeting ....
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Raunaq International Ltd has reversed its earlier decision and reinstated the name of Late Dr. Raunaq Singh under the 'Promoter Group Category' of the company. Earlier in February 2025, his name was removed from the Promoter Category following his death in 2002, and his 19,935 equity shares were shifted to the Public Category. After receiving BSE's clarification and re-examining the regulations, the company decided the name cannot be moved to the Public Category until the shares are transmitted to the ultimate beneficial owner. The Board of Directors on August 4, 2025 ratified the inclusion of Late Dr. Raunaq Singh back under the Promoter Group Category, with his 19,935 shares remaining classified under that category in his name until transmission is completed.
This is a procedural correction in shareholding classification and does not involve any change in actual ownership or control of the company. Shareholders should note that no buy, sell, or transfer of shares has occurred — it is merely a reclassification under the promoter group for regulatory reporting purposes.