Application Details
- Date of Application: June 16, 2026
- Stock Exchange: BSE Limited
Entities for Reclassification
The application covers five entities seeking reclassification from Promoter/Promoter Group to Public category:
| Name | Current Category | Proposed Category | Shares Held | % Holding |
| Amrita Sharma | Promoter | Public | 1,000 | 0.00% |
| Manik Chand Pugalia* | Promoter | Public | 35,25,000 | 0.44% |
| Subhash Chandra Dadhich | Promoter | Public | 1,000 | 0.00% |
| Faber Trexim Private Limited | Member of Promoter Group | Public | 0 | 0% |
| Meghshree Credit Private Limited | Member of Promoter Group | Public | 0 | 0% |
Background on Mr. Manik Chand Pugalia
*Mr. Manik Chand Pugalia, Promoter of the Company, expired on December 04, 2024. The Company had previously intimated his demise to the Stock Exchange via letter dated April 10, 2025. The disclosure is available at: https://www.bseindia.com/xml-data/corpfiling/AttachHis/16d9f269-5373-4180-a1f4-2fdf0643528.pdf
Consequent upon his demise, Mr. Pugalia ceases to be a Promoter of the Company and his name requires removal from the Promoter/Promoter Group category in the shareholding pattern and other statutory records.
Shareholding Impact
The reclassification affects 35,27,000 shares in total, representing approximately 0.44% of the company's share capital. The most significant holding is that of the deceased promoter Mr. Manik Chand Pugalia with 35.25 lakh shares (0.44%). Two promoter group entities hold zero shares.