Key Details

Request Received: The company received a request letter on October 8, 2026, from Ms. Riya Puja Jain seeking reclassification from "Promoter Group" category to "Public" category.

Shareholding Details: As of the request date, Riya Puja Jain holds 2,050 equity shares, representing 0.0057% of the total paid-up share capital of the company.

Requester Information: Riya Puja Jain (PAN: AFQPA5773H) resides at C-7/2, Vasant Vihar, South West Delhi, Delhi - 110057. She states she has been classified as Promoter Group solely due to her relationship with the promoters but is married and leads an independent life with no control over company affairs.

Regulatory Framework: The request is made under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Undertakings Provided: The requester has provided comprehensive undertakings confirming that:

  • She holds less than 10% of paid-up equity share capital
  • Is not involved in management or control of the company
  • Has no special rights through formal or informal arrangements
  • Is not represented on the board of directors
  • Is not a Key Managerial Personnel
  • Is not a wilful defaulter per RBI guidelines
  • Is not a fugitive economic offender

Post-Reclassification Commitments: The requester undertakes to continue complying with conditions under Regulation 31A(3)(b)(i), (ii), and (iii) of SEBI LODR Regulations indefinitely and conditions under sub-clauses (iv) and (v) for at least three years after reclassification.

Next Steps: The request will be considered by the Board of Directors in the ensuing Board Meeting in accordance with SEBI LODR Regulation 31A provisions. The requester has offered to provide additional information, documents, declarations, and undertakings as required by the company, stock exchanges, or regulatory authorities.

Filing Details: The intimation was signed digitally by Shyam Sunder Khandelwal, Company Secretary, on October 8, 2026, at 17:30:43 IST. The letter from Riya Puja Jain was enclosed with the regulatory filing.

Financial Impact

No immediate financial impact disclosed. The reclassification represents an ownership structure change affecting only 0.0057% of total shares with no dilution or capital structure change.