Centerac Technologies received reclassification requests from six promoter group members seeking public category status under SEBI Regulation 31A.
The requests follow Sanjiv Khandelwal's shareholding reduction from 0.28% to 0.09% via a 2018 share purchase agreement.
Total promoter group shares seeking reclassification represent 0.11% of company's paid-up capital across six individuals.
Board will consider the requests on May 22, 2026, followed by BSE application for no-objection approval.