Submission of Application for Reclassification of Promoters under Regulation 31A (10) of SEBI (LODR) Regulations, 2015
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Awaiting price reaction for this filing.
TTI Enterprise Ltd has applied to BSE and Calcutta Stock Exchange to reclassify 7 entities from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A(10). The entities seeking reclassification are Binjal Mehta, Paraj Mehta, Jitendra Kumar Mehta, Paraj Mehta HUF, Irawati Enterprises LLP, Meghnath Wealth Creators LLP, and Vaikundam Advisors LLP. Notably, all 7 entities already hold 0 shares (0.00% holding) in the company. The company board had reviewed and approved this request at its meeting on 12 February 2026. This is a continuation of earlier intimations dating back to 15 December 2025, indicating an ongoing process of cleaning up the promoter shareholding list.
This is largely a procedural/regulatory reclassification since the outgoing promoters already hold zero shares, so there is no actual change in shareholding or voting power. Shareholders are unlikely to see any meaningful impact on stock price or ownership structure from this filing.