Request from the Promoter and Promoter Group seeking reclassification from "Promoter / Promoter Group" category to "Public" category.
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Awaiting price reaction for this filing.
Five individuals — two from the Promoter category (Omprakash Bansal, Satyanarayan Bansal) and three from the Promoter Group (Vikas Goyal, Preeti Bansal, Bhavita Bansal) — have requested reclassification to the Public category under SEBI Regulation 31A. All five currently hold zero equity shares (0.00%) in the company, stating they have no involvement in the company's activities or decision-making. The Board of Directors will consider the requests, and the reclassification is subject to approval from the Stock Exchange.
This is largely an administrative housekeeping action rather than a change in shareholding, since all five persons already hold 0% of the company. Once approved, the promoter/promoter group shareholding will further reduce, but the immediate impact on the stock price is likely negligible.