Intimation of Submission of Application for Reclassification of M/s Shree Krishna Infrastructure Limited from Promoter Group category to Public Category.
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Sungold Media and Entertainment Ltd has submitted an application to BSE on October 4, 2025, seeking approval to reclassify M/s Shree Krishna Infrastructure Limited from the 'Promoter Group' category to the 'Public' category of shareholders. The application is filed under Regulation 31A of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. Shree Krishna Infrastructure Limited was previously part of the company's promoter group but is now being moved to the public shareholder category. The reclassification is subject to approval from BSE and/or other relevant stock exchanges.
If approved, this reclassification will reduce the company's effective promoter group shareholding and increase the public shareholding, which may change how the stock is perceived in terms of promoter control. It is a governance-related disclosure and does not involve any actual share sale or change in ownership percentage.