NOC received for the Reclassification of certain Shareholders from "Promoter and Promoters Group" category to Public category.
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Shyamkamal Investments Ltd has received a No Objection Certificate from BSE for reclassifying four shareholders — Kailashchandra Kedia, Vishnu Kailashchandra Kedia, Renu S Kedia, and Shyamsundar Kedia — from the 'Promoter and Promoter Group' category to the 'Public' category. The reclassification covers a total of 2,15,010 shares, which is 1.59% of the company's shareholding. Of these, Kailashchandra Kedia holds 1,80,000 shares (1.33%) and Vishnu Kailashchandra Kedia holds 35,010 shares (0.26%), while the other two hold zero shares. The application was originally filed on April 16, 2025, and BSE issued its NOC on July 25, 2025, with the company confirming the same on July 28, 2025.
This is a procedural update and largely technical in nature. The promoter shareholding of the company will reduce by 1.59% as these shareholders move to the public category. There is no direct impact on stock price or shareholder value, though the public float technically increases marginally.