We wish to inform that the company has received letters for withdrawal of request for reclassification of Promoter Group to Public from Gaddam Madhumathi and Hemanth Reddy Gaddam. The Copies ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sri KPR Industries has informed BSE that two members of its promoter group — Gaddam Madhumathi (0 shares) and Hemanth Reddy Gaddam (3,71,988 shares) — have withdrawn their earlier applications (dated 28 August 2025) seeking reclassification from 'Promoter Group' to 'Public' category. Both individuals have now given written consent to continue being disclosed as part of the company's promoter group. As a result, the company will not pursue the reclassification process further and does not require BSE's no-objection certificate. The communication was signed by Managing Director Kishan Reddy Nalla on 6 September 2025.
This is a neutral to mildly positive signal for shareholders — the promoter group structure of the company remains intact with no change in shareholding classification. It removes the uncertainty that would have arisen from the potential reduction in promoter group shareholding.