ScoutQuest7 Oct 2026
Go Fashion (India)543401Reclassification withdrawal

Withdrawal of application for reclassification of six Promoter Group members to Public category

Go Fashion (India) Ltd said six Promoter Group members have requested withdrawal of their applications for reclassification from the 'Promoter Group' category to the 'Public' category.

Number of Promoter Group Members Withdrawing
six
Application Update Date
April 28, 2026
Shareholding of Entities
NIL equity shares of the total paid-up equity share capital

What the company told the exchanges

Go Fashion (India) Ltd has informed BSE and NSE that it has received requests from six members of its Promoter Group to withdraw their respective applications for reclassification from the 'Promoter Group' category to the 'Public' category. The company had submitted applications to both exchanges on April 28, 2026, seeking their no-objection/approval for the reclassification. It now says it will make the necessary steps to process the withdrawal, subject to the approval of its Board of Directors.

Who has asked to withdraw

Each of the enclosed letters states that the entity holds NIL equity shares of the total paid-up equity share capital of the company, and that it will continue to be classified as a Promoter Group member for all regulatory purposes, including under Regulation 31 of the SEBI LODR and applicable SEBI (ICDR) Regulations, 2018. Each letter says the reclassification request is withdrawn and revoked with immediate effect and should be treated as withdrawn, null and void.

What reclassification means, in simple terms

Promoter reclassification is the process by which a promoter group member asks the stock exchanges to move it out of the 'Promoter Group' category and into the 'Public' category. Once reclassified, that entity's holding is no longer counted as promoter holding. Here, the entities themselves have asked to pull back that request, so they continue to be treated as part of the Promoter Group of the company.

Points a retail investor may note

More numbers
  • Promoter Group members requesting withdrawal of reclassification applicationssix (6)
  • Equity shares held by each withdrawing Promoter Group entityNIL
Source: BSE · 7 Oct 2026

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