WIth respect to the submission of the Application for reclassification of A T Invofin India Private Limited from Promoter to Public category under Regulation 31A of the SEBI (LODR) Regulations, ....
Awaiting price reaction for this filing.
A T Invofin India Private Limited, which holds 99,443 equity shares (0.43%) in Inditrade Capital, has applied to be reclassified from the Promoter/Promoter Group category to the Public Shareholder category under SEBI's Regulation 31A. The rationale cited is a divorce-related separation. The board of Inditrade Capital approved the reclassification on February 13, 2026, and the company submitted the formal application along with a processing fee of Rs 59,000 to BSE on March 12, 2026. Post-reclassification, the total promoter group holding will reduce marginally from 6.42% to 5.99% (the remaining promoters being Sudip Bandyopadhyay at 0.22% and Juno Moneta Technologies at 5.80%). The outgoing promoter has confirmed it holds under 10% of voting rights, has no board representation, and exercises no control over the company.
This is a minor, procedural reshuffling rather than a meaningful ownership change — the outgoing promoter held just 0.43% and is being reclassified, not selling. Shareholders should not expect any material change in control or trading activity from this reclassification. It is unlikely to have a noticeable impact on the stock price.