Key Quantitative Figures
The company received a request for reclassification from three promoter group members with the following shareholdings:
- Satish Gogia: 2,900 shares (0.05%)
- Satish Gogia HUF: 0 shares (0.00%)
- Khem Chand: 100,000 shares (1.58%)
Total shares seeking reclassification: 102,900 shares (1.63% of total)
Dates of Action
- Request letter received: August 29, 2026
- Board meeting date: August 29, 2026
- Disclosure date: September 10, 2026
Parties Involved
- Requesting promoters: Satish Gogia, Satish Gogia HUF, Khem Chand
- Regulatory authority: BSE Limited
Board Approval and Conditions
The Board of Directors considered and approved the reclassification request at its meeting held on August 29, 2026, subject to:
- Approval of shareholders
- Filing of requisite application with BSE Limited
- Compliance with other applicable regulatory requirements
Previous Disclosure Reference
The board approval was previously disclosed to the Exchange via letter dated August 29, 2026 (Ack. Number- 14079911) regarding the outcome of the board meeting.
Next Steps
The company will undertake requisite applications and filings for reclassification as approved by the Board, in due course.