Please find attached NOC Received from BSE for Reclassification of Mr. Sanjay Vardhan from Promoter Category to Public Category
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Awaiting price reaction for this filing.
VCU Data Management Ltd has received a No-Objection Certificate from BSE for reclassifying Mr. Sanjay Vardhan from the Promoter/Promoter Group category to the Public category under SEBI's Regulation 31A. The original reclassification application was filed on July 25, 2025, and the NOC was granted on September 17, 2025. This reclassification is still subject to approval from the company's members (shareholders) in a general meeting. Once approved, Mr. Vardhan will no longer be considered part of the Promoter and Promoter Group of the company.
This reclassification reduces the company's effective promoter group shareholding and increases the public shareholding category, which may slightly improve the stock's public float. However, no shares are being bought or sold — it is only a change in classification status, pending shareholder approval.