BSEInditrade Capital LtdLowNeutral
Announced Sat, 6 Dec · 10:58 IST

Receipt of request for reclassification from ''Promoter Group'' category to ''Public'' category.

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

A promoter group entity, M/s A T Invofin India Private Limited, has submitted a request to Inditrade Capital Ltd asking to be reclassified from the 'Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. The entity holds 99,443 equity shares, which is just 0.43% of the company's paid-up share capital. The request, dated 5th December 2025, was intimated to BSE on 6th December 2025. The reclassification is subject to approval from the Board of Directors, shareholders, and a no-objection from the stock exchange. The entity has confirmed it does not hold more than 10% of share capital, does not exercise control, has no board representation, and is not a wilful defaulter or fugitive economic offender.

Likely market impact

This is a minor structural change involving only 0.43% of shares — no shares are being sold, and the economic interest remains unchanged. Shareholders are unlikely to see any material impact on shareholding pattern or stock price, though it slightly tidies up the promoter group composition.