the company has received a letter dated 28th February, 2026 from Mr. Prakash Bhoorchand Shah, promoter of the company seeking reclassification from the "Promoter and Promoter Group" category ....
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Awaiting price reaction for this filing.
Mr. Prakash Bhoorchand Shah, a promoter of Tandhan Industries Ltd (formerly Sanmitra Commercial Limited), has formally requested the Board to reclassify him from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. Notably, he currently holds 0 shares (0% shareholding) in the company. He has confirmed he does not hold more than 10% voting rights, does not exercise control, has no special rights, is not on the Board, and is not a KMP, wilful defaulter, or fugitive economic offender. The reclassification is now subject to Board approval and subsequently shareholder and stock exchange approval.
This is an administrative governance update with no impact on share price or shareholder value, as the promoter already holds zero shares. Once approved, it will clean up the shareholding classification by removing a zero-holding entity from the promoter group.