Reclassification of following Promoter/Promoter Group to Public Category: i. mahendrabhai gulabdas Patel ii. munjal Mahendrabhai Patel.
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Sera Investments & Finance India has informed BSE that two individuals from its Promoter Group — Mahendrabhai Gulabdas Patel and Munjal Mahendrabhai Patel — have requested reclassification to the Public shareholder category under SEBI LODR Regulation 31A. Notably, both individuals currently hold zero shares and zero percent of the company, meaning this is a formal/administrative reclassification rather than an actual change in shareholding. The request was received on 31st July 2025 and communicated to BSE on 11th August 2025. The company has applied to BSE for the reclassification to take effect.
Since both individuals already hold no shares, the reclassification has no real impact on shareholding pattern or stock price. It is a housekeeping move that tidies up the promoter group list by removing members with zero holdings.