Intimation of submission of application for reclassification from ''Promoter'' category to ''public'' category.
TCC · price
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TCC Concept Limited has submitted applications to BSE and NSE seeking no-objection for reclassifying one promoter, Shefali Chintan Parikh, from the Promoter category to the Public category. This request is made under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The promoter holds only 3,760 shares representing 0.01% of the company's shareholding. The company had previously communicated its intent on May 23, 2026, and the current application was filed on May 27, 2026.
This reclassification indicates that Shefali Chintan Parikh no longer qualifies as a promoter under SEBI regulations, likely because her shareholding has become negligible. It reduces the officially recognized promoter group, though the impact on stock price is minimal given the tiny 0.01% holding involved.