Date: October 22, 2026
Regulatory Compliance Update
Prataap Snacks Limited has received formal no-objection approvals from both BSE Limited and National Stock Exchange of India Limited for the reclassification of six members of the Promoter Group from the category of "Promoter" to "Public". The approvals were granted vide letters dated October 22, 2026.
Shareholder Reclassification Details
The following individuals have been approved for reclassification from Promoter to Public category:
- Mr. Arvind Mehta - Promoter, holding 1,00,000 shares (0.42% of paid-up capital)
- Mr. Naveen Mehta - Promoter, holding 1,83,960 shares (0.77% of paid-up capital)
- Mr. Arun Kumar Mehta - Promoter, holding Nil shares (Nil% of paid-up capital)
- Mrs. Rita Mehta - Promoter, holding 2,27,176 shares (0.95% of paid-up capital)
- Mrs. Kanta Mehta - Promoter, holding Nil shares (Nil% of paid-up capital)
- Mr. Rajesh Kumar Mehta - Promoter, holding Nil shares (Nil% of paid-up capital)
Compliance Requirements
Both stock exchanges have emphasized that the company must ensure compliance with subsequent relevant disclosures of material events related to this reclassification, in accordance with the applicable provisions of Regulation 31A of SEBI LODR Regulations, 2015.
Additional Information
The information is available on the company's website at www.yellowdiamond.in. The stock exchange approval letters were copied to both National Securities Depository Limited and Central Depository Services Limited.