Ken Financial Services Limited submitted a regulatory disclosure to BSE Limited regarding the reclassification of a promoter to public category. The disclosure is made under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company had previously intimated on 11th June, 2026 about receiving a request from Mr. Aashish Jajodia, a Promoter of the Company, seeking reclassification from "Promoter" category to "Public" category.
The Board of Directors considered this request at their meeting held on Monday, 10th August, 2026. The Board noted that the Promoter has undertaken to comply with the requirements specified under regulation 31A of the SEBI LODR Regulations.
The Board approved the reclassification request subject to two conditions: (1) receipt of approval and no-objection letter from BSE Limited, and (2) approval of the shareholders of the Company.
The specific details of the reclassification are:
- Name: Mr. Aashish Jajodia
- Current Category: Promoter
- Proposed Category: Public
- Number of Equity Shares: 41,900
- Percentage of Shareholding: 1.40%
The total shares affected by this reclassification are 41,900 equity shares, representing 1.40% of the company's total share capital.
The document was digitally signed by Shakti Singh Rathore, Managing Director (DIN: 09208373) on behalf of Ken Financial Services Limited.