Intimation for submission of apllication to stock exchange for reclassification of promoter and promoter group
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shraddha Prime Projects Ltd has informed BSE that it submitted an application on October 29, 2025, seeking reclassification of its promoter and promoter group under Regulation 31A of the SEBI (LODR) Regulations, 2015. The Board of Directors of the company has considered and approved this application before submission. The reclassification process requires approval from the stock exchange, and the company stated it will take appropriate steps as per SEBI norms. This is a procedural disclosure regarding a change in the categorisation of persons falling under the promoter/promoter group of the company.
If the reclassification is approved, the composition of the promoter group will change, which may affect voting control, shareholding disclosures, and the company's compliance with minimum public shareholding norms. Investors should monitor any resulting changes in the promoter shareholding once the stock exchange decision is communicated.