BSESuraj Industries LtdMediumNeutral
Announced Thu, 21 May · 17:22 IST

Receipt of request for reclassification from "Promoter Group " Category to "Public Category".

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+17.8%1-day move
₹47.15
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+17.8+31.9+32.3+35.3+35.7+33.5+25.1+27.5+15.5
Up moveDown movePending
AI summary

Mr. Rajesh Gupta, currently classified under the Promoter Group category, has submitted a request to reclassify himself to the Public category. In his application dated May 21, 2026, he states he holds only 10 equity shares of Rs. 10 each and is no longer connected to the company's business or day-to-day activities. He has confirmed he does not have rights to appoint directors, control management decisions, or exercise any special rights over the company. The request has been received by the company and will be placed before the Board of Directors for consideration and approval, subject to regulatory compliance.

Likely market impact

This is a minor administrative reclassification as the individual holds only 10 shares. It may signal potential future share sales or reduced promoter group influence, though the direct impact on the stock appears limited given the negligible holding.