Sim Prabha Estates Requests Promoter Reclassification to Public

Hem Holdings received a formal request from Sim Prabha Estates for reclassification from Promoter Group to Public category under SEBI LODR Regulation 31A.
Sim Prabha Estates confirms holding zero equity shares (0% voting rights) and exercises no control over Hem Holdings' affairs.
The applicant undertakes to comply with all SEBI conditions including no board representation or KMP role for three years post-reclassification.
Hem Holdings will undertake necessary procedures to ensure compliance with Regulation 31A requirements for the reclassification process.