Reliance Chemotex Industries Limited has informed the Exchange about General Updates
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Reliance Chemotex Industries has received approval from both BSE and NSE to reclassify Mr. Nand Gopal Khaitan from the 'Promoter' category to the 'Public' category under SEBI's Regulation 31A. Mr. Khaitan held just 100 shares, representing 0.00% of the company's shareholding. The application was originally submitted on November 18, 2025, and the stock exchanges granted their no-objection letters on March 4, 2026. This is a formal regulatory reclassification and does not involve any change in the actual number of shares held. The reclassification brings the company's promoter group structure in line with current SEBI norms for who qualifies as a promoter.
This is a routine regulatory update with negligible impact on shareholders, as the promoter being reclassified holds an insignificant 0.00% stake (100 shares). It should not affect the stock price or the overall promoter holding in any meaningful way.