Zen Technologies Limited has informed the Exchange about General Updates
ZENTEC · price
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Zen Technologies Limited has received No-Objection Letters from both NSE (dated September 26, 2025) and BSE (dated September 26, 2025) for the reclassification of Mr. Ravi Kumar Midathala from the 'Promoter' category to the 'Public' category under Regulation 31A of SEBI Listing Regulations. Mr. Ravi Kumar Midathala had originally requested this reclassification on July 24, 2025, which was approved by the Board of Directors on July 26, 2025. The application was submitted to the stock exchanges on July 30, 2025, and both exchanges have now granted their approval. This reclassification will reduce the company's promoter group composition and increase the public shareholding base accordingly.
This is a procedural update that formalizes the exit of one individual from the promoter category to the public category. The overall promoter group holding of Zen Technologies will reduce correspondingly, while the public float increases, which may improve liquidity in the stock. There is no impact on the company's operations or financials.