Svaraj Trading received shareholder approval to reclassify Mukesh Vaishnav from Promoter Group to Public category.
The reclassification, approved via postal ballot on May 4, 2026, affects 436,660 shares representing 2.96% stake.
The company had previously obtained a No Objection Certificate from BSE Limited for this reclassification.
This intimation is made pursuant to SEBI Listing Regulations 30 and 31A regarding ownership changes.