Sequence of Events

  • On 22nd June, 2026, the company intimated receipt of a request letter from Mr. Vijay Shankar Chandak, a Member of the Promoter Group, seeking reclassification of his shareholding from "Promoter Group" to "Public" category.
  • On 11th July, 2026, the company intimated that the Board of Directors had approved this reclassification in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • On 16th July, 2026 (the date of this document), the company submitted formal applications to both BSE Limited and National Stock Exchange of India Limited seeking approval for this reclassification.

Parties Involved

  • Mr. Vijay Shankar Chandak - Member of Promoter Group seeking reclassification
  • Ashu Gupta - Company Secretary & Compliance Officer who signed the document
  • BSE Limited and National Stock Exchange of India Limited - Regulatory exchanges receiving the application