Announced Thu, 28 May · 19:57 IST

The Board of Directors in their meeting held on 28th May 2026 approved the reclassification request received by the members of Promoter Group.

Ownership Changes View source PDF

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AI summary

The Board of Directors of Wires & Fabriks SA Ltd has approved the reclassification request from three Promoter Group members: Mrs Divisha Khaitan Kedia, Mrs Pranika Khaitan Rawat, and Mrs Varshita Khaitan Ruia. These members had requested to be moved from the 'Promoter Group' category to the 'Public' category under Regulation 31A of SEBI (LODR) Regulations, 2015. The request letters were received on 20th May 2026, and the Board considered and accepted the request in its meeting on 28th May 2026. The company will now file a formal application with stock exchanges seeking their no-objection to effect this reclassification. The actual reclassification will depend on exchange approval.

Likely market impact

This reclassification means these individuals will no longer be treated as part of the promoter group for regulatory and disclosure purposes. It may slightly alter the publicly reported promoter shareholding percentage, though no specific shareholding changes or sales are mentioned in this filing.