ScoutQuest3 Oct 2026
Nova Iron & Steel513566Reclassification update

BSE approves reclassification of three individuals from Promoter to Public category

BSE has approved the reclassification of Mr. Aniket Singal, Ms. Priyanka Ankit Miglani and Ms. Radhika Saurabh Dhoot from the "Promoter" category to the "Public" category.

Application Date to BSE
22/06/2026
BSE Approval Letter Date
01 October 2026
Available on BSE Listing Centre
03 October 2026
Individuals Reclassified
Mr. Aniket Singal, Ms. Priyanka Ankit Miglani and Ms. Radhika Saurabh Dhoot
Shareholding (each, pre and post)
0 shares, 0%

What has been announced

The company has told the exchanges that BSE Limited has approved its request to reclassify three individuals from the "Promoter" category to the "Public" category under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The three persons named are

The company had submitted the application to BSE Limited on 22/06/2026. BSE's letter is dated 01 October 2026 and was made available on the BSE Corporate Compliance & Listing Centre on 03 October 2026. BSE's letter is titled "No-objection for reclassification of Promoter(s)" and asks the company to ensure compliance with subsequent relevant disclosures.

What the shareholding table shows

For each of the three names, the company's table shows

This is shown against the change from the "Promoter" category (pre reclassification) to the "Public" category (post reclassification).

What "reclassification" means, in simple terms

Companies listed on Indian exchanges classify shareholders into groups such as "Promoter" and "Public". A person placed in the Promoter group is treated as part of the promoter side of the company for the purposes of disclosure and various listing rules. Moving a person from the Promoter category to the Public category means that person is no longer counted as a promoter going forward.

Regulation 31A of the SEBI LODR Regulations is the provision that deals with such a change, and it requires the approval or no-objection of the stock exchange. That is the approval that has now been received here.

What this does and does not tell you

Based only on what the update states, this is a change in the category under which these three persons are classified. The company's own table records the number of shares and the percentage of shareholding against each of the three names as 0 and 0%.

The update also states that the approval letter is enclosed and that the information will be available on the company's website.

How to read this

A promoter reclassification is essentially a change in how a shareholder is labelled under listing rules, rather than a fresh event in the company's business. The usefulness of the disclosure for a reader lies in the table of shareholding set out against each name and in the fact that the exchange has given its no-objection.

More numbers
  • Aniket Singal - number of shares shown in table0
  • Aniket Singal - % of shareholding shown in table0%
  • Priyanka Ankit Miglani - number of shares shown in table0
  • Priyanka Ankit Miglani - % of shareholding shown in table0%
  • Radhika Saurabh Dhoot - number of shares shown in table0
  • Radhika Saurabh Dhoot - % of shareholding shown in table0%
Source: BSE · 3 Oct 2026

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.