Application to exchanges for reclassifying promoter/promoter group to public category

Kesoram Industries has applied to BSE, NSE and the Calcutta Stock Exchange to reclassify its promoter/promoter group category to the public category.

Mon 5 Oct 2026

Promoter request received

September 12, 2026

Board approval date

September 29, 2026

Application made on

October 01, 2026

Exchanges applied to

BSE Limited, National Stock Exchange of India Limited and The Calcutta Stock Exchange of India Limited

Regulatory basis

Regulation 31A and 31A(10) of the SEBI (LODR) Regulations, 2015

Kesoram Industries has submitted an application to the stock exchanges to move its 'promoter/promoter group' category into the 'public' category.

What the update sets out

• The company received a request from the 'promoter/promoter group' category on September 12, 2026 to shift to the 'public' category.
• The Board approved this at its meeting held on September 29, 2026.
• The company made the application on October 01, 2026 to BSE Limited, National Stock Exchange of India Limited and The Calcutta Stock Exchange of India Limited.
• The intimation letter to the exchanges is dated 05.10.2026.
• The application is made under Regulation 31A and Regulation 31A(10) of the SEBI (LODR) Regulations, 2015.

What reclassification means

In a listed company, shares held by promoters and the promoter group are tracked separately from public shareholding. Reclassifying a holder from the promoter group to the public category changes the bucket in which those shares are counted. It is a change of category, not a sale or purchase of shares by itself.

Why investors may track it

• A promoter moving into the 'public' category can change how the company's promoter holding and public shareholding are reported.
• It can be relevant to compliance with minimum public shareholding requirements.
• The route for such a change runs under Regulation 31A of the SEBI (LODR) Regulations, 2015.

What the update records

The update records the request received from the promoter/promoter group, the Board's approval, and the submission of the application to the three exchanges.

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.