The Company has received request letters for reclassification from Promoter Group to Public Category. Details attached
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Wires & Fabriks SA Ltd has received reclassification requests from three Promoter Group members — Mrs. Divisha Khaitan Kedia, Mrs. Pranika Khaitan Rawat, and Mrs. Varshita Khaitan Ruia — seeking to move from the 'Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. Each person holds 5,000 equity shares (0.16% of total equity), totalling 15,000 shares or 0.48% combined. The requests cite that the individuals are not involved in the Company's business, do not exercise control, and have no pecuniary interest. The matter will be placed before the Board for approval, after which BSE/stock exchange consent is required. This is a voluntary administrative reclassification, not a sale of shares.
The departure of three individuals from the Promoter Group is a minor structural change. The total stake reclassified is only 0.48%, so the impact on promoter holding and stock price is negligible. It slightly reduces the visibility of the promoter group in the shareholding pattern.