Intimation of Reclassification of Mr. Sanjay Vardhan and Mr. Shripal Bafna from promoter category to public category
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VCU Data Management Ltd has received shareholder approval via postal ballot to reclassify Mr. Sanjay Vardhan and Mr. Shripal Bafna from the 'Promoter and Promoter Group' category to the 'Public' category. The approval came under Regulation 31A of SEBI (LODR) Regulations, 2015, with results declared on November 14, 2025 and the scrutinizer's report dated November 15, 2025. Once effective, these two individuals will no longer be considered part of the promoter group, reducing the size of the company's promoter base. The detailed voting results have already been submitted to BSE and are available on the company's website.
The promoter group's combined shareholding and influence over the company will shrink, while the public shareholding base expands accordingly. Investors should watch for any follow-up disclosures on the updated promoter holding percentage and any governance changes that may follow.