Intimation of submission of Application to Stock Exchange for seeking NOC for reclassification of person belonging to Promoter & Promoter Group to Public Category in accordance with Regulation ....
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Awaiting price reaction for this filing.
Sarthak Industries has applied to BSE on 14 August 2025 to reclassify five persons from the 'Promoter & Promoter Group' category to the 'Public Shareholder' category under SEBI LODR Regulation 31A. The persons include Abhadevi Shahra, Shweta Shahra, Sandhya Khandelwal, Amrita Sachdev, and Mahakosh Amusement Pvt. Ltd. Together, they hold just 5,467 shares, representing only 0.06% of the company's total shareholding. The Board had approved this reclassification on 12 August 2025, and the application is now pending BSE approval.
This is a minor administrative action with negligible impact on promoter shareholding (only 0.06% moving to public category). Shareholders should note no material change in control is expected, and the move is unlikely to affect the stock price meaningfully.