Received Approval Letter from BSE vide its Letter No LIST/COMP/HG/515/2025-26 dated 24.10.2025 for reclassification of M/s Shree Krishna Infrastructure Limited from Promoter group Category ....
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Sungold Media and Entertainment Ltd has received approval from BSE for reclassifying M/s Shree Krishna Infrastructure Limited from the 'Promoter Group' category to the 'Public' category under Regulation 31A of SEBI LODR Regulations. The company had applied for this reclassification on October 4, 2025, and received BSE's no-objection letter dated October 24, 2025. Importantly, Shree Krishna Infrastructure Limited holds 0 shares (0%) in the company in both the pre and post reclassification categories. This means the reclassification is an administrative/technical update rather than a change in actual ownership.
This is a procedural reclassification with no material impact on shareholding structure or stock price, as the outgoing promoter group entity already held zero shares. Retail investors should not read this as any meaningful change in promoter holdings or control of the company.