Extract of Board Meeting for Reclassification under Regulation 31A of SEBI (LODR) regulations, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TTI Enterprise Ltd's board, at its meeting on February 12, 2026, approved a request from 4 members of the promoter group to be reclassified as public shareholders. These individuals — Kalarikkal Chandrasekharan Bindu (0 shares), Kanakavally Prathapan (0 shares), Mridula Mukundan (39,500 shares, 0.16%) and Venugopalan Sujith (5,510 shares, 0.02%) — collectively hold just 0.18% of the company's paid-up equity capital. They stated they are not on the board, hold no key managerial position, do not participate in management, and have no special rights in the company. Since their combined holding is below 1%, no shareholder approval is needed. The reclassification is now subject to approval/no-objection from BSE and CSE, after which it will be reflected in the next quarter's shareholding pattern.
This is a minor housekeeping change with negligible impact on shareholding pattern — only 0.18% of equity is moving from the promoter bucket to the public bucket. No material change in control or ownership structure; unlikely to affect the stock price.