Intimation under Regulation 30 of SEBI (LODR), Regulations, 2015 to BSE regarding approval of shareholders for Reclassification of "Promoters" to "Public" under Regulation 31A of SEBI (LODR), ....
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SPA Capital Services informed BSE that shareholders at the EGM held on December 5, 2025 approved the reclassification of Mr. Kamal Kishore Somani and Kamal Kishore Somani HUF from 'Promoter' to 'Public' category under Regulation 31A of SEBI LODR. Both these entities held 0 equity shares (0% of paid-up capital) at the time of application, making this largely a procedural reclassification. BSE had already granted its no-objection on October 9, 2025. The ordinary resolution was passed with 100% votes in favour out of 2,367,154 total votes polled, with 445 shareholders on record date. Going forward, these two persons will not be reported as part of the Promoter category in the shareholding pattern filed under Regulation 31.
This is a technical housekeeping change with no real impact on ownership or stock price, since both outgoing promoters already held zero shares. The actual promoter group shareholding remains unchanged, and minimum public shareholding compliance is unaffected.