Megamont Limited received reclassification requests from 6 promoter/promoter group entities to move to 'Public' category under Regulation 31A of SEBI LODR.
The reclassification follows Faze Three Limited's SPA selling 9,00,000 equity shares to acquirers Ms. Maddukuri Mounica and Mrs. Minal Patil, triggering an Open Offer.
All six applicants — Ajay Anand, Faze Three Ltd, Instyle Investments, Vishnu Anand, Rashmi Anand, and Rohina Anand — hold Nil shares as of March 31, 2026.
The intimation was filed with BSE on March 31, 2026, by Whole-time Director Minal Gaurav Patil per Regulation 31A(8)(a) read with 31A(10).