Hypersoft Technologies received a request from promoter Sudhakara Varma Yarramraju for reclassification from promoter to public category.
The promoter holds 9,81,155 equity shares representing 1.16% of the company's paid-up capital and certifies compliance with SEBI Regulation 31A conditions.
The request is made under SEBI LODR Regulation 31A(3)(a)(i) with the promoter confirming no control or special rights in the company.
The company has intimated BSE about this development as required under Regulation 31A(8) of SEBI LODR Regulations.