Summary of Key Information:

Nature of Filing / Announcement: Outcome of board meeting regarding reclassification of promoters to public category under SEBI Listing Regulations

Shareholding Changes:

Total Promoter Shareholding Pre-Completion: 3,71,30,124 equity shares (34.82%)

Total Promoter Shareholding Post-Completion: 8,100 equity shares (0.01%)

Key Shareholding Changes:

  • Shruti Vishal Rao: 21,10,000 shares (1.98%) → 0 shares (0.00%)
  • Vibha Gagan Sharma: 25,75,000 shares (2.42%) → 0 shares (0.00%)
  • Narsimha Shibroor Kamath: 3,24,37,024 shares (30.51%) → 0 shares (0.00%)
  • Harsh Gagan Sharma: 8,000 shares (0.01%) → 8,000 shares (0.01%)
  • Shibroor Ramdas Vasudev Kamath HUF: 100 shares (0.00%) → 100 shares (0.00%)

Compliance Status:

  • Outgoing Promoters confirmed compliance with Regulation 31A(3)(b) of Listing Regulations
  • Outgoing Promoters undertaken to comply with Regulation 31A(4) requirements
  • Company confirmed compliance with sub-clauses (c)(ii) and (c)(iii) of Regulation 31A(3)
  • The intent for reclassification was specifically disclosed in letter of offer dated July 18, 2026

Corporate Actions:

Complete change of control with Anupam Rasayan India Limited/Mates Visa Consultancy Private Limited acquiring controlling stake