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Awaiting price reaction for this filing.
VCU Data Management Ltd has received a No-Objection Certificate (NOC) from BSE Limited on October 10, 2025, for the reclassification of Mr. Shripal Kantilal Bafna from the Promoter/Promoter Group category to the Public category under Regulation 31A of SEBI LODR Regulations, 2015. The company had applied for this reclassification on September 19, 2025. This reclassification is still subject to approval from the company's members in their general meeting. Once approved, Mr. Bafna will no longer be part of the promoter group and will be treated as a public shareholder.
This reclassification reduces the size of the promoter group, which may lower the company's promoter holding percentage and change how that stake is perceived by the market. It is a procedural step subject to shareholder approval and does not involve any sale or transfer of shares by itself.