Hester Biosciences Limited submitted an intimation to BSE Limited and National Stock Exchange of India Limited regarding the re-classification of promoters under SEBI LODR Regulation 31A.
The disclosure references earlier submissions dated 15 May 2026 and 20 May 2026, as well as an application to NSE and BSE dated 19 May 2026 regarding the re-classification of Mr. Ravin Gandhi and Ms. Bela Gandhi.
Both exchanges granted their no-objection approvals on 24 July 2026:
- NSE approval letter no. NSE/LIST/COMP/HESTERBIO/594/2026-2027 dated 24 July 2026
- BSE approval letter no. LIST/COMP/SJ/150/2026-27 dated 24 July 2026
The approvals specifically grant no-objection for the re-classification of Mr. Ravin Gandhi and Ms. Bela Gandhi from the Promoter Group to Public category.
The company is required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification in accordance with Regulation 31A of SEBI (LODR) Regulations, 2015.
The disclosure was signed by Vinod Mali, Company Secretary & Compliance Officer, on 25 July 2026 at 12:05:18 IST.