Disclosure Under Regulation 30

Key Communications Received

1. Approval for Reclassification (Ref. No. LIST/COMP/SJ/153/2026-27 dated July 31, 2026)

  • BSE granted approval for reclassification of promoter shareholders under Regulation 31A of SEBI LODR Regulations
  • Approval based on the company's application dated June 07, 2025
  • The following outgoing promoters shall be classified as public shareholders:
  • Hulas Rahul Gupta
  • Greenlite Lighting Corporation
  • Bhushan Kumar Gupta
  • Priyadesh Gupta
  • Abha Gupta

Shareholding Structure:

  • Pre-Reclassification: Promoter Holding - 3,11,73,505 shares (74.93%), Public Holding - 1,04,30,186 shares (25.07%)
  • Post-Reclassification: Promoter Holding - 3,11,73,505 shares (74.93%), Public Holding - 1,04,30,186 shares (25.07%)
  • The outgoing promoters held 0 shares representing 0% of total shareholding
  • No change in actual shareholding percentages resulting from the reclassification

2. Compliance Lapse Notice (Ref. No. LIST/COMP/SJ/154/2026-27 dated July 31, 2026)

  • BSE observed that the disclosure required under Regulation 31A(8)(c) of SEBI LODR Regulations was submitted on November 10, 2025, instead of on or before June 08, 2025 (within 24 hours of application submission)
  • The company submitted the reclassification application on June 07, 2025
  • The disclosure was delayed by 155 days from the regulatory deadline
  • BSE advised the company to exercise due diligence and initiate corrective steps to avoid recurrence of such lapses
  • Any future aberration will be viewed seriously and appropriate action would be initiated

Additional Information

  • The company faced technical issues in receiving copies of the letters, hence the disclosure was made on August 03, 2026 upon receipt
  • Copies of the BSE letters were enclosed with the disclosure
  • The approval letter has been forwarded to depositories (NSDL and CDSL) and the RTA for necessary action

Financial Impact

No financial impact quantified in the disclosure. The reclassification represents a regulatory status change without alteration to the company's capital structure or shareholding percentages.