Board Resolution Details
The Board of Directors of Shoppers Stop Limited passed a resolution on July 9, 2026 approving the reclassification requests from two entities currently classified as part of the Promoter Group. The Board determined that the necessary conditions for re-classification under Regulation 31A of SEBI Listing Regulations have been met.
Entities for Reclassification
The following entities requested reclassification from 'Promoter Group' category to 'Public Shareholder' category via letters dated May 11, 2026:
- Content Properties Private Limited - 0 shares held (0.00% shareholding)
- Sycamore Properties Private Limited - 0 shares held (0.00% shareholding)
Next Steps
The Company will make necessary applications to the stock exchanges for approval of the reclassification in due course.
Additional Information
This information is available on the corporate website of the Company at https://corporate.shoppersstop.com/investors/.
Document Reference
This disclosure references a previous disclosure made vide letter dated May 11, 2026.