Date: August 13, 2026
Board Meeting Outcomes
- The Board of Directors approved the reclassification of 9 promoter group entities from 'Promoter Group' category to 'Public' category through circular resolution passed on August 13, 2026
- The reclassification is subject to approval of shareholders, stock exchanges, and other regulatory authorities as may be required
- Authorization granted to any one Director or Company Secretary to make necessary applications, filings, and disclosures to implement the resolution
Shareholding Pattern Change
The following 9 promoter group entities, all holding zero shares, are seeking reclassification to public category:
1. AERS Consultancy Services Private Limited (known as Alchemy Investment Advisory Services Private Limited) - Nil shares held
2. Alchemy Capital Management Private Limited - Nil shares held
3. Aptech Investments - Nil shares held
4. Industrial Glass Fibre Industries - Nil shares held
5. Interics - Nil shares held
6. Rare Equity Private Limited - Nil shares held
7. Rare Family Foundation - Nil shares held
8. Rare Shares & Stock Private Limited - Nil shares held
9. IDC Electronics Limited - Nil shares held
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Financial Results (Standalone & Consolidated)
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
The company submitted this intimation to both BSE Limited and National Stock Exchange of India Limited through their respective listing departments