Date: November 12, 2026
Regulatory Compliance Update
Sun Pharma Advanced Research Company Ltd has received formal no-objection letters dated November 12, 2026 from both National Stock Exchange of India Limited (NSE) and BSE Limited for the reclassification of certain promoter group members to public category.
Reclassification Details
The approval covers the reclassification of the following three promoter group members from 'Promoter Group' category to 'Public' category:
1. Krishna Vrundavandas Valia
2. Sudhir Vrundavandas Valia
3. Raksha Sudhir Valia
Documentation and Availability
Copies of the no-objection letters from NSE (Ref: NSE/LIST/COMP/SPARC/628/2026-2027) and BSE (Ref: LIST/COMP/SJ/268/2026-27) are attached as Annexure A and Annexure B respectively. These documents are also available on the company's website at https://sparc.life/
Compliance Requirements
The company is required to ensure subsequent compliance with relevant disclosures of material events related to this reclassification, in accordance with the applicable provisions of Regulation 31A of SEBI LODR Regulations, 2015.