Julien Agro Infratech Limited has made a regulatory disclosure regarding the reclassification of certain promoter group members to public shareholders category under SEBI Listing Regulations.

Board Approval and Date

The Board of Directors approved the reclassification during their meeting held on July 14, 2026, at the company's registered office in Kolkata. The meeting commenced at 2:00 PM.

Promoters Seeking Reclassification

The following four members of the Promoter/Promoter Group, who currently hold zero equity shares in the company, requested reclassification to 'Public' category:

  • Anita Sureka
  • Lalit Sureka
  • Sanjay Kumar Drolia
  • Sangita Sureka

Regulatory Compliance Assessment

The Board analyzed the request against Regulation 31A requirements and confirmed:

  • The outgoing promoters have been part of the promoter group since listing but currently hold nil shares
  • They are not associated with the company's business or influencing policy decisions
  • They are not involved in day-to-day activities or exercising control over company affairs
  • Conditions under Regulation 31A(3)(b) are satisfied

Additional Regulatory Confirmations

The company confirmed compliance with Regulation 31A(3)(c) requirements:

  • Minimum public shareholding requirements under Regulation 38 are met
  • Trading in equity shares has not been suspended by stock exchanges
  • No outstanding dues to SEBI, stock exchanges, or depositories

Shareholding Impact

  • Current total Promoters/Promoter Group holding: 27.65%
  • Post-reclassification total Promoters/Promoter Group holding will remain unchanged at 27.65%

Resolution and Authorization

The Board unanimously passed resolutions to:

  • Approve the reclassification subject to stock exchange approval
  • Authorize directors, company secretary, or authorized officers to submit necessary documents and applications
  • Make required filings with the stock exchange

Document Certification

The extract from the board meeting minutes was certified by Puja Jain, Company Secretary (Membership No. 38570), on July 14, 2026.