Promoter Seeks Reclassification of 6,95,091 Shares (1.28%) to Public Category

The company has received a request from Mrs. Bharati B Dattani, holding 6,95,091 equity shares (1.28% of paid-up equity capital), to reclassify her shareholding from the Promoter category to the Public category.

Wed 30 Sep 2026

Shareholder Name

Mrs. Bharati B Dattani

Shares Held

6,95,091 equity shares

Stake Percentage

1.28% of paid-up equity capital

Reclassification Request

From Promoter category to Public category

Regulatory Framework

Regulation 31A of SEBI LODR

What was shared

The company informed BSE and NSE that it has received a request for reclassification of a promoter into the public category.

• Shareholder: Mrs. Bharati B Dattani
• Holding: 6,95,091 equity shares
• Stake: 1.28% of paid-up equity share capital
• Request: move from Promoter category to Public category

What reclassification means

A person classified as a promoter carries certain disclosure and regulatory obligations. Reclassification to the public category is a change in how the shareholding is labelled in the shareholding pattern. It does not by itself involve any sale or purchase of shares.

What happens next

Such requests follow the process laid down in Regulation 31A of SEBI LODR, which typically involves company board consideration, shareholder approval and stock exchange approval before the change takes effect.

Perception

This is a housekeeping and governance-related disclosure involving a small stake, and the request is at the intimation stage.

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