Intimation of withdrawal of Application for Reclassification from Promoter category to Public category under Regulation 31A of SEBI (LODR) Regulations 2015 of Mr. Shripal Bafna
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Mr. Shripal Kantilal Bafna, holding 15,34,000 shares and a member of the promoter group, has withdrawn his earlier application (dated June 24, 2025) seeking reclassification from the 'Promoter/Promoter Group' category to the 'Public' category under Regulation 31A of SEBI LODR Regulations. The company has informed BSE that this withdrawn application should not be processed, while the separate reclassification application submitted by Mr. Sanjay Vardhan should be considered and processed as usual. In effect, Mr. Bafna will continue to be classified as a member of the promoter group.
No material change to the promoter structure of the company — Mr. Bafna remains part of the promoter group, so shareholder composition stays unchanged. Investors should note that Mr. Sanjay Vardhan's reclassification request is still pending and could affect promoter shareholding if approved later.