Intimation of Receipt of Approval for Reclassification of Promoters under Regulation 31A of SEBI (LODR) Regulations, 2015
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SRU Steels Ltd has received BSE approval to reclassify Anant Overseas Private Limited and Ujala Stainless Private Limited from the 'Promoter' category to the 'Public' category under SEBI LODR Regulation 31A. Both entities currently hold 0 shares, representing 0% of the company's shareholding. The reclassification was originally applied for on January 9, 2025, and BSE granted its no-objection on May 8, 2025. Since these entities hold no shares, the reclassification is largely a procedural clean-up with no change in actual ownership or shareholding structure.
This is a housekeeping reclassification with no material impact on shareholding pattern, voting rights, or stock price, as both entities already hold zero shares in the company.