This is to inform you that the Company has received a request from Mr. Sahil Minhaj Khan seeking reclassification of his status from the ''Promoter/Promoter Group'' category to the ''Public'' ....
Awaiting price reaction for this filing.
Mr. Sahil Minhaj Khan, who was earlier classified under the Promoter/Promoter Group category, has formally requested the company to reclassify him as a Public shareholder under SEBI's Regulation 31A. Notably, as of the date of the filing, he does not hold any shares in the company. The company has stated it will follow the required procedure under the Listing Regulations to process this request. The reclassification has not yet been completed and is subject to regulatory and stock exchange approvals.
Since the individual already holds zero shares, this reclassification is largely procedural and unlikely to affect shareholding structure or stock price. It does indicate that an outgoing promoter has fully exited the company's shareholding.