Reliance Chemotex Industries Limited has informed the Exchange about Intimation under Regulation 30 read with Regulation 31A(8)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Receipt of Request for Reclassification of Promoter
RELCHEMQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Reliance Chemotex Industries has informed the stock exchange that it has received a request from a promoter or member of the promoter group seeking reclassification to a non-promoter (public) category under SEBI LODR Regulations. This filing is made under Regulation 30 read with Regulation 31A(8)(a). The request is procedural and does not immediately change the shareholding structure. Approval from the stock exchanges and shareholders is typically required before reclassification becomes effective. The company has not disclosed the name of the requester or the size of the stake involved in this intimation.
This is an initial intimation and not a confirmed reclassification, so there is no immediate impact on stock price or promoter shareholding. If approved, it could slightly reduce the promoter group's shareholding percentage and voting power, though the actual change in ownership is zero.