Ambassador Intra Holdings Limited has intimated the receipt of a no-objection letter from BSE Limited for the reclassification of certain individuals from the "Promoter/Promoter Group" category to "Public" shareholder category.
Key Details of Approval
The company received the no-objection letter from BSE on June 04, 2026, with reference number LIST/COMP/KR/106/2026-27. The approval covers the reclassification of the following four individuals:
- Mr. Piyushbhai Mahendra Doshi
- Mr. Sachin Jayprakash Jalan
- Ms. Shikha Jalan
- Mr. Siddharth Ajmera
The reclassification application was originally submitted by the company to the stock exchanges on February 13, 2026.
Compliance Advisory
BSE also issued an advisory letter (Ref: LIST/COMP/KR/107/2026-27) dated June 04, 2026, noting a compliance lapse. As per Regulation 31A(8)(c) of SEBI LODR, the disclosure of submitting the reclassification application should have been made to stock exchanges within 24 hours of occurrence, meaning by February 14, 2026. However, the company submitted this disclosure on June 04, 2026, which constitutes a delay.
BSE has advised the company to:
- Be careful in future
- Exercise due diligence
- Initiate corrective steps to avoid recurrence of such lapses
- Ensure due compliance with applicable provisions of SEBI LODR and related SEBI circulars
The exchange warned that any future aberration will be viewed seriously and appropriate action would be initiated.
Company Contacts
- Company Secretary & Compliance Officer: Amrita Lalwani (Membership No: A35011)
- Contact: 079-40030800