NCLAT passed a clarificatory order directing compliance with minimum 5% public shareholding in Infra Industries' resolution plan.
The order interprets the amended Resolution Plan, confirming 94.68% holding for SRA and 5.32% for existing public shareholders.
Promoter shareholding is fully extinguished (0.00%) as per the plan approved under the corporate insolvency resolution process.
The disclosure is made in compliance with SEBI Listing Regulations (Regulation 30).