BSEInditrade Capital LtdMediumNeutral
Announced Thu, 12 Mar · 17:01 IST

Submission of Application for reclassification of A T Invofin India Private Limited from Promoter to Public Category under Regulation 31A of the SEBI (LODR) Regulations, 2015 along with ....

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Inditrade Capital Ltd has applied to BSE for reclassifying A T Invofin India Private Limited from the 'Promoter' category to 'Public' shareholder category under SEBI LODR Regulation 31A. A T Invofin currently holds 99,443 equity shares representing just 0.43% of the company's paid-up share capital. The board approved the reclassification on February 13, 2026, and the formal application was submitted to BSE on March 12, 2026. Post-reclassification, the total promoter group holding will reduce from 6.42% to 5.99%, comprising Sudip Bandyopadhyay (0.21%) and Juno Moneta Technologies (5.78%). The outgoing promoter has confirmed it does not exercise any control over the company and holds no board representation.

Likely market impact

This is a routine housekeeping matter involving a very small outgoing promoter (0.43%) and is unlikely to have any material impact on the stock price or shareholder value. The public shareholding category will marginally increase, but overall control and ownership structure of the company remain unchanged.