Stock Exchange and Stakeholders are requested to take on record, Intimation with respect to the revised Promoter Reclassification.
Awaiting price reaction for this filing.
Harmony Capital Services has submitted a revised intimation (correcting a typographical error from the same day) regarding a promoter reclassification request under SEBI LODR Regulation 31A. Mr. Anish Sharma, currently classified as a Promoter, has asked to be moved to the 'Public' category because he holds Nil (zero) shares in the company. The Board of Directors will consider this request at its upcoming meeting, after which the company will apply to BSE for approval. Since the promoter already holds no shares, this is a formal/procedural reclassification rather than a change in actual ownership.
This is largely a procedural update with no real change in shareholding or control, as the promoter already holds zero shares. Shareholders should not expect any material impact on the stock price or company operations from this reclassification.