Date: May 30, 2026
Board Meeting Outcomes
- The Board of Directors at their meeting held on May 27, 2026 approved the request received from persons listed in Annexure A for reclassification of their shareholding from 'Promoter/Promoter Group' category to 'Public' category
- Approval is subject to no objection/approval from BSE Limited and National Stock Exchange of India Limited
- Approval is also subject to such other approvals/confirmations/consents as may be required
- The approval is in terms of Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Regulatory Compliance Update
- The Company submitted an application to the Stock Exchanges on May 30, 2026 seeking no objection/approval for the reclassification
- This submission is in accordance with Regulation 31A(3) of the SEBI Listing Regulations, 2015
- The Company shall make necessary disclosures on material developments as per statutory requirements
Shareholding Reclassification Details
The following individuals are seeking reclassification from Promoter/Promoter Group to Public category:
- Mr. Nem Chand Jain - 5,200 shares (0.03% of share capital)
- Mr. Sunil Jain - 1,000 shares (0.01% of share capital)
- Mr. Anil Jain - 800 shares (0.00% of share capital)
- Mr. Raj Kumar Agarwal - 1,800 shares (0.01% of share capital)
Total shares seeking reclassification: 8,800 shares (0.05% of total share capital)
Correspondence History
- Previous intimations were made via letters dated May 15, 2026 (Ref: NPL/BSE/NSE/2026-27/09) and May 27, 2026 (Ref: NPL/BSE/NSE/2026-27/15)
Company Officer
- Ritika Aggarwal, Company Secretary & Compliance Officer (Membership No: A69712) executed the submission