BRNL received a formal request from SREI Infrastructure Finance to reclassify its 19.81% holding from 'Promoter' to 'Public' category.
The request follows the NCLT-approved resolution plan for SREI, transferring its control to NARCL and other financial creditors in August 2023.
BRNL's Board will consider the reclassification, which is subject to stock exchange no-objection and SEBI LODR Regulation 31A compliance.