Key Details

The Company has received requests dated September 02, 2026 (received on September 04, 2026) from five promoter group members seeking reclassification from 'Promoter Group' to 'Public' category under Regulation 31A of SEBI Listing Regulations.

Requesting Entities and Shareholding Status

  • Savita Chandrakumar Rathi (Promoter Group) - NIL equity shares held
  • Piyush Chandrakumar Rathi (Promoter Group) - NIL equity shares held
  • Radhika Ashish Pujara (Promoter Group) - NIL equity shares held
  • Advenza Global Limited (Promoter Group) - NIL equity shares held
  • Atharva Green Ecotech LLP (Promoter Group) - NIL equity shares held

Declarations Made by Requesting Parties

All five entities have made identical declarations confirming that:

  • They do not hold any equity shares or voting rights in the Company
  • They do not exercise, directly or indirectly, any control over the affairs of the Company
  • They are not involved in the management or day-to-day affairs of the Company
  • They do not have any special rights through any formal or informal arrangements
  • They are not represented on the Board of Directors and are not Key Managerial Personnel
  • They are not acting as promoters and do not hold themselves out as promoters
  • They are not persons acting in concert with existing Promoters or Promoter Group
  • They have no direct or indirect control or influence over management
  • They are not otherwise disqualified from reclassification under applicable laws

Approval Process

The reclassification requests shall be subject to consideration/approval of:

  • Board of Directors of the Company
  • Stock Exchanges
  • Other applicable conditions specified under Regulation 31A of SEBI Listing Regulations

Additional Information

The disclosure includes enclosed copies of all five requests. The company secretary, Sanjay Basantani, signed the disclosure on September 05, 2026 at 10:57:27 IST.

Financial Impact

No immediate financial impact disclosed. The reclassification represents an administrative change in shareholding categorization rather than a change in actual ownership or control.