The Company has received request vide email dated 19.09.2025 requesting Reclassification from the Promoter & Promoter Group category to Public.
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Awaiting price reaction for this filing.
Sungold Media and Entertainment Ltd has informed BSE that it received a request dated 19 September 2025 from Shree Krishna Infrastructure Limited, a member of its Promoter Group, seeking reclassification as a 'Public' shareholder under Regulation 31A of SEBI's Listing Regulations. Notably, Shree Krishna Infrastructure Limited currently holds zero equity shares (0%) in the company and claims no involvement in day-to-day operations, board representation, or business decisions. The reclassification request must be approved by the Board, shareholders, and the stock exchange before it takes effect.
This is largely an administrative reclassification with no change in actual shareholding, since the requesting entity already holds 0% of the company. Shareholders should see minimal impact on stock price, though it signals formal distancing of an entity from the promoter group.