VCU Data Management Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/10/2025 ,inter alia, to consider and approve 1. To initiate the process ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
VCU Data Management Ltd has called a Board meeting on October 13, 2025, to consider and approve a Postal Ballot process seeking shareholders' approval for reclassifying Mr. Sanjay Vardhan from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. The Board will also approve the draft Postal Ballot Notice, explanatory statement, and calendar of events for the postal ballot. Additionally, VKM & Associates has been proposed as the Scrutinizer to conduct the postal ballot and e-voting in a fair and transparent manner. The intimation has been signed by Managing Director Sanjay Joshi (DIN: 03077967) and submitted to BSE under Scrip Code 536672.
If approved by shareholders, this reclassification will reduce the company's promoter group shareholding as classified, moving Mr. Sanjay Vardhan's stake into the public category. This could be seen as a sign of reduced promoter influence in the company, though it does not by itself change the actual economic ownership of the shares.