Outcome for Board meeting held on 19.09.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.2 pts less than its Computers Hardware & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of VCU Data Management Ltd met on September 19, 2025 and approved a request from promoter Mr. Shripal Bafna for reclassification from the 'promoter and promoter group' category to the 'public' category of shareholders. This reclassification is subject to a no-objection certificate from BSE and approval from company members. The Board meeting ran from 3:00 PM to 4:05 PM. No specific shareholding percentages or other financial details were disclosed in this filing.
If approved by BSE and shareholders, the promoter group will shrink by one member and the public shareholding base will increase correspondingly. The change is procedural at this stage and not yet effective — no immediate price impact is expected, but investors should watch for further updates with shareholding data.