Date: 30/07/2026
Regulatory Disclosure Summary
Application for Reclassification
- The company has received an application dated July 30, 2026 from M/s. Deval Energy Resources Private Limited
- The applicant is currently classified as a Promoter Group Entity of the company
- The application seeks reclassification from "Promoter Group" category to "Public" category
- The reclassification request is made under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Shareholding Status
- Deval Energy Resources Private Limited holds NIL equity shares in the company as of the application date (July 30, 2026)
- The applicant confirms zero voting rights in the company
Next Steps
- The application will be placed before the Board of Directors of the company for consideration
- Subject to Board approval and compliance with Regulation 31A provisions, the company will submit requisite application to the stock exchange for approval
Applicant Declarations
Deval Energy Resources Private Limited has confirmed and undertaken that:
- Does not exercise any control over the affairs or management of the company
- Is not represented on the Board of Directors
- Does not have any special rights through formal or informal arrangements
- Does not act as a key managerial person of the company
- Holds less than ten percent of total voting rights (currently NIL)
- Has no special information rights or influence over management decisions
- Satisfies all conditions prescribed under Regulation 31A for reclassification
- Undertakes to comply with all applicable provisions of SEBI LODR Regulations
Applicant Company Details
- Deval Energy Resources Private Limited
- Address: L-801, ISCON PLATINUM, NEAR BOPAL CROSS ROAD, DASKROI, AHMEDABAD - 380058