Receipt of request letter seeking reclassification from Promoter Group to Public category

Received a request letter dated 8th October, 2026 from Ms. Riya Puja Jain seeking reclassification from the Promoter Group to the Public category under Regulation 31A.

Thu 8 Oct 2026

Shares Held

2050 shares

Percentage of Total Shares

0.0057% of total shares

Request Letter Date

8th October, 2026

What the company has intimated

• Shree Cement has received a request letter dated 8th October, 2026 from Ms. Riya Puja Jain.
• She is seeking reclassification from the "Promoter Group" category to the "Public" category, in terms of Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• The company states that this request will be considered by its Board of Directors in the ensuing Board Meeting, in accordance with Regulation 31A.

The holding involved

• 2050 equity shares.
• 0.0057% of the total shares of the company.

What she has stated in her letter

• She says she has been classified under the Promoter Group solely on account of her relationship with the promoters of the company.
• She says she is married and leading an independent life, and does not exercise, directly or indirectly, any control over the affairs of the company.
• She confirms that she does not hold more than 10% of the paid-up equity share capital, is not involved in the management or affairs of the company, does not have any special rights through formal or informal arrangements including shareholder agreements, is not represented on the board of directors (including by a nominee director), and does not act as a Key Managerial Personnel of the company.
• She also confirms she is not a 'wilful defaulter' as per Reserve Bank of India guidelines and is not a fugitive economic offender.
• She undertakes that, upon reclassification, she will continue to comply with the conditions set out in clause (b) of Regulation 31A(3) of the SEBI LODR Regulations at all times, and with the conditions in sub-clauses (iv) and (v) of that clause for a period of not less than three years from the date of reclassification, failing which she would be reclassified as a promoter of the company.
• In her letter she requests the Board to consider her application and take the necessary steps, including seeking approval of the stock exchanges and shareholders, as may be required under applicable laws, and says she will provide further information, documents, declarations and undertakings as required.

How to read this

• What has happened so far is the receipt of a request letter. The reclassification itself would follow the process under Regulation 31A, which the letter says may involve approvals as may be required.
• The request is being considered by the Board in the ensuing Board Meeting in accordance with Regulation 31A.

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.