KPKalpataru Projects International522287Reclassification update

Two Promoter Group shareholders seek reclassification to Public category

The company has received requests from two persons currently classified as Promoter Group to be reclassified as Public shareholders.

By ScoutQuest · Tue 3 Nov 2026, 5:15 PM IST · 2 min read

Imtiaz Kanga shareholding

18,37,990 equity shares, or 1.08% of total shares

Yasmin Imtiaz Kanga shareholding

3,00,000 equity shares, or 0.18%

Request received date

03rd November, 2026

Two Promoter Group shareholders want to be counted as Public shareholders

The company has received requests from two persons who are presently classified as members of the Promoter Group, asking to be reclassified from the "Promoter Group" category to the "Public" category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The requests were received on 03rd November, 2026.

Who has applied

• Imtiaz Kanga: 18,37,990 equity shares, being 1.08% of the total number of shares.
• Yasmin Imtiaz Kanga: 3,00,000 equity shares, being 0.18% of the total number of shares.

What reclassification means

A company's shareholding is grouped into categories such as Promoter, Promoter Group and Public. Reclassification is only a change of category. The shares stay with the same holder; the update records a request about how those shares are counted, not a sale or transfer of shares.

If such a request is approved, the shares move from the Promoter Group bucket to the Public bucket. That can change the promoter and promoter group holding percentage and the public shareholding percentage reported by the company.

What happens next

• The company will examine the requests as per the applicable provisions of the Listing Regulations.
• The requests will be placed before the Board of Directors for its consideration in due course.
• Subject to the necessary approvals and completion of the prescribed process, the company will take necessary steps, including submitting the application to the stock exchanges.

What to keep in mind

This is a request stage intimation. The update states that the requests will be examined and placed before the Board, and that further steps, including the application to the stock exchanges, are subject to necessary approvals and completion of the prescribed process. The outcome is therefore not stated as decided.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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