BSESarthak Industries LtdMediumNeutral
Announced Thu, 10 Jul · 16:22 IST

Intimation regarding receipt of request from "Promoter and Promoter Group" of the Company under Regulation 31A of SEBI (LODR), Regulations, 2015 as amended.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sarthak Industries Ltd has informed BSE that it received requests on July 10, 2025 from 5 promoter/promoter group members seeking reclassification to the Public category under SEBI LODR Regulation 31A. The applicants are Abhadevi Shahra (4,667 shares, 0.05%), Shweta Shahra (0 shares), Sandhya Khandelwal (667 shares, 0.01%), Amrita Sachdev (133 shares, 0.00%), and Mahakosh Amusement Pvt. Ltd. (0 shares), collectively holding 5,467 shares or just 0.06% of the company's paid-up share capital. The applicants have stated they are not involved in the company's business or management, hold no special rights, and do not exercise any control over the company. The matter will be placed before the Board of Directors for approval, after which an application will be made to BSE for no-objection within the prescribed timelines.

Likely market impact

The reclassification is purely procedural and involves a negligible 0.06% of shareholding shifting from promoter to public category, so it is unlikely to have any meaningful impact on the stock price or promoter control of the company. Shareholders should note this is a routine reclassification request pending board and exchange approval, not a change in ownership or control.