Intimation of submission of application for Reclassification under Regulation 31A of SEBI (LODR) Regulations 2015
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VCU Data Management Ltd has submitted an application to BSE on September 19, 2025, seeking reclassification of Mr. Shripal Bafna from the 'Promoter Group' category to the 'Public' category of shareholders. This follows a request letter from Mr. Bafna dated September 18, 2025, and board approval obtained on September 19, 2025. The reclassification is being done under Regulation 31A of SEBI (LODR) Regulations, 2015. The scrip code on BSE is 536672. The company has not disclosed any shareholding percentages or numbers related to the reclassification.
This is a procedural change in shareholder classification and does not involve any actual share sale or change in ownership. It signals that a promoter wishes to be treated as a public shareholder going forward, which may marginally reduce the formal promoter group holdings but has limited impact on stock price.