Key Quantitative Figures
No financial figures, monetary amounts, or shareholding percentages disclosed in the document.
Dates of Action
- Application submitted to BSE: August 5, 2026
- BSE approval letter date: September 15, 2026
- Company disclosure date: September 17, 2026
Parties Involved
Regulatory Bodies:
- BSE Limited (approving authority)
- National Stock Exchange of India Limited (recipient)
- SEBI (regulatory framework)
Company Representatives:
- Punam Kumari Sharma, Company Secretary & Compliance Officer (signatory)
BSE Representatives:
- Shyamsingh Bhagiratl, Manager Listing Compliance
- K.N. Rath, Deputy Manager Listing Compliance
- Krishna Rathi, Deputy Manager Listing Compliance
Entities for Reclassification:
1. Manoj Kumar Agarwal (Individual)
2. Ram Prasad Agarwal (Individual)
3. Ram Prasad Agarwal (HUF) (Hindu Undivided Family)
4. Shakuntala Devi Agarwal (Individual)
5. Bharosa Distributors Pvt. Ltd. (Corporate Entity)
Purpose/Rationale
Reclassification of specified promoters/promoter group entities from "Promoter/Promoter Group" category to "Public Category" in accordance with Regulation 31A of SEBI Listing Regulations.
Financial/Operational Impact
No specific financial impact, operational impact, or capital structure changes quantified in the disclosure.
Additional Disclosure
The company acknowledged a delay in submitting the intimation beyond the required 24-hour timeframe, attributing it to "inadvertent oversight." The company expressed regret for the lapse and provided assurance that such delays would not recur.
Documentation
The BSE no-objection letter was enclosed with the disclosure to both stock exchanges.