BSE has no objection to four promoters becoming public shareholders
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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BSE has said it has no objection to reclassifying Ajay Gupta, Shailesh Gupta, Siddharth Gupta and Ramesh Gupta from promoters to the public category. The request was filed on May 12, 2026, and the letter was issued on November 5, 2026. The company must now obtain shareholder approval and complete the required disclosures.
Shareholder approval is still needed. The filing does not report any share sale, so there is no clear immediate effect on the share price.