Key Quantitative Figures

The promoter seeking reclassification, Mr. Umang Vijaykumar Trivedi, currently holds:

  • Number of Shares: 0
  • Percentage of Holding: 0.00%

Dates of Action

  • Request Letter Date: 03rd July, 2026
  • Company Intimation Date: 04th July, 2026

Parties Involved

  • Promoter Requesting Reclassification: Mr. Umang Vijaykumar Trivedi
  • Managing Director Signing Disclosure: Mr. Chetan Kumar Ojha (DIN: 09706197)
  • Regulatory Recipient: BSE Limited

Purpose and Rationale

Mr. Umang Vijaykumar Trivedi has requested reclassification from the 'Promoter' category to the 'Public' category in accordance with Regulation 31A of SEBI LODR Regulations.

Compliance Confirmations

The promoter has confirmed in writing that:

  • He holds 0 shares (0.00% of paid-up equity share capital)
  • He along with immediate relatives does not hold more than 10% of paid-up equity share capital or voting rights
  • He does not exercise control over the affairs of the company directly or indirectly
  • He has no special rights through formal or informal arrangements including shareholder agreements
  • He holds no position on the Board of Directors
  • He holds no Key Managerial Personnel position
  • He is not declared a wilful defaulter per RBI guidelines
  • No regulatory action is pending against him
  • He is not a fugitive economic offender

Undertakings Provided

The promoter has undertaken to:

  • Continue complying with conditions mentioned in sub-clauses (i), (ii) and (iii) of clause (b) of Regulation 31A(3) of SEBI LODR at all times post-reclassification
  • Comply with conditions mentioned in sub-clauses (iv) and (v) of clause (b) of Regulation 31A(3) for a period not less than three years from the date of reclassification
  • Be reclassified back to promoter group category if he fails to maintain these conditions

Financial Impact

The disclosure explicitly states that the promoter holds 0 shares (0.00% of paid-up capital), indicating no immediate financial impact on shareholding pattern or capital structure.

Document Attachments

The company has enclosed a copy of the request letter received from the promoter as part of the disclosure.

#Tags: #7NRRetail #PromoterReclassification #SEBILODR #RegulatoryCompliance #OwnershipChange #Neutral