BSE and NSE grant No-Objection to promoter group reclassification request

BSE and NSE have granted their No-Objection to the proposed reclassification of Mrs. Ratanben Premji Gogri from the "Promoter Group" category to the "Public" category.

Wed 7 Oct 2026

Reclassification From - To

"Promoter Group" category to the "Public" category

Application Submitted Date

August 3, 2026

No-Objection Letters Dated

October 7, 2026

What the company has informed

Aarti Industries has informed BSE and NSE that both exchanges have granted their No-Objection to a proposed reclassification of a promoter group member.

• The name involved is Mrs. Ratanben Premji Gogri.
• The move is from the "Promoter Group" category to the "Public" category.
• The company's application was submitted on August 3, 2026.
• The No-Objection letters issued by BSE and NSE are dated October 7, 2026.
• Copies of both letters are enclosed with the company's intimation.

What reclassification means

Shares of a listed company are tracked in categories such as promoter and promoter group holding on one side, and public shareholding on the other. A person placed in the promoter group is counted with the promoter family for this classification.

Reclassification means changing the category under which that person's holding is counted. In this case, the request was to move Mrs. Ratanben Premji Gogri out of the promoter group category and into the public category.

Why the exchanges are involved

A promoter group member cannot simply be moved to another category by the company on its own. The company applies to the stock exchanges, which examine the request under the applicable framework and either grant or decline a No-Objection.

Here, both BSE and NSE have granted their No-Objection to the application dated August 3, 2026. That makes this the exchanges' clearance of a request the company had already disclosed.

What the exchanges have asked for

Along with the No-Objection, the exchanges have told the company to ensure the subsequent relevant disclosures of material events relating to this reclassification.

What an investor may take away

• This is an update on the status of a request the company had earlier informed the exchanges about.
• The No-Objection is one stage of the reclassification process, and the company has been directed to make the related disclosures going forward.
• Promoter holding and public shareholding are widely followed categorisations, so any change in how a holding is categorised is a development investors generally track.

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