Intimation regarding submission of promoter reclassification application.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company has filed an application with BSE seeking no-objection for reclassifying Mr. Somnath Lature from 'Promoter and Promoter Group' to 'Public Shareholder' under SEBI LODR Regulation 31A. Mr. Lature had originally submitted this reclassification request, which was approved by the Board on February 06, 2026. The filing is a procedural step to formalize his exit from the promoter group category. No details on the number of shares or holding percentage were provided in this intimation.
If BSE grants the no-objection, Mr. Lature will cease to be classified as a promoter, reducing the official promoter group size. This is a regulatory/administrative change rather than a buy/sell transaction and is unlikely to materially impact the stock price on its own.