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Motilal Oswal Financial Services Ltd has applied to BSE and NSE for the reclassification of 11 promoter group members to the 'Public' category. These members collectively hold 24,45,412 shares, representing 0.42% of the company's shareholding. The reclassification is subject to regulatory approval from the stock exchanges.
Sundram Fasteners' Board approved the reclassification of several promoter group entities, including UFL Properties and TVS Sundram Fasteners, into the public category. The company will now apply to NSE and BSE for a no-objection certificate. This move, following SEBI Regulation 31A compliance, marks a change in the company's regulatory shareholding structure.
ECS Biztech Ltd has received requests from eight promoter group members to reclassify as public shareholders. The applicants collectively hold 88,087 shares, representing a 0.42% stake. This reclassification is subject to approval by the Board of Directors and BSE Limited.
KPIT Technologies received stock exchange approval to reclassify promoters Mr. Ajay Bhagwat and Ms. Ashwini Bhagwat to the 'Public' category. The outgoing promoters collectively hold 22,46,839 shares, representing 0.82% of the company's total capital. This regulatory milestone completes the reclassification process initiated in February 2026.
Aptech Ltd received a request from Mr. Utpal Sheth for reclassification from the 'Promoter Group' to the 'Public' category. Mr. Sheth holds 9,08,000 equity shares, representing a 1.57% stake. The request is subject to approval by the Board of Directors and Stock Exchanges.
Carborundum Universal Limited received no-objection approvals from NSE and BSE for the reclassification of Algavista Greentech Private Limited from the 'Promoter Group' category. This follows the company's application submitted in February 2026. The approval formalizes the exit of AGPL from the promoter group, as per SEBI Listing Regulations.
Motilal Oswal Financial Services received requests from 11 promoter group members to reclassify as public shareholders. These members hold a combined 0.42% stake. The board will consider these requests on April 29, 2026. This move formalizes their independence from the core promoter group without changing company control.
Go Fashion (India) Limited received requests for reclassification from 'Promoter and Promoter Group' to 'Public' category from six entities including Neha Garodia and Corona Creatives. All applicants currently hold NIL equity shares. The requests are subject to approval from the Board of Directors and stock exchanges.
Suyog Telematics Limited has received No Objection certificates from BSE and NSE for the reclassification of Mr. Somnath Gurushant Lature. He will move from the 'Promoter Group' to the 'Public' category. This follows the company's application made in February 2026 under SEBI Listing Regulations.
Star Health and Allied Insurance Company Limited received no-objection from BSE and NSE for the reclassification of Ebano Private Limited and GS E-Commerce Private Limited from 'Promoter/Promoter Group' to 'Public category'. This approval follows the company's application submitted in January 2026.
E.I.D. - Parry (India) Limited received approval from NSE and BSE for the declassification of Algavista Greentech Private Limited from its promoter group. The reclassification follows the company's applications under SEBI Listing Regulations. This administrative change formally removes AGPL from the promoter category as of April 27, 2026.
NACL Industries Limited has received approval from NSE and BSE for the re-classification of Algavista Greentech Private Limited from the 'Promoter Group' to the 'Public' category. This regulatory milestone follows the company's application dated February 3, 2026.
Deccan Transcon Leasing Limited has applied to stock exchanges for the reclassification of 19 individuals from the 'Promoter Group' to the 'Public' category. These individuals currently hold nil shares (0.00% stake). The move follows Board approval on March 06, 2026, and aligns with SEBI (LODR) Regulations regarding promoter status updates.
De Neers Tools Limited informed that Mr. Manoj Gupta and Mrs. Anju Gupta have withdrawn their requests for reclassification from 'Promoter Group' to 'Public' category. They will remain classified as Promoters. Meanwhile, the reclassification application for Mr. Kanav Gupta continues to be pursued with the National Stock Exchange of India.
Kothari Industrial Corporation Ltd received shareholder approval via postal ballot to reclassify Asha Thayer (1,03,890 shares) and Govinddas Mohan Das (450 shares) from the 'Promoter/Promoter Group' to 'Public Category'.
Fruition Venture Limited received BSE approval on April 20, 2026, to reclassify Nitin Jain, Nitin Jain HUF, and Sanhit Jain from the 'Promoter' to 'Public' category. These individuals hold zero shares in the company. The reclassification was executed in compliance with SEBI LODR Regulations.
Sundram Fasteners received requests to reclassify Lakshminarayana Ancillaries, Upasana Properties, and Upasana Private Limited from 'Promoter Group' to 'Public' category. These entities were dissolved following mergers with UFL Properties and TVS Sundram Fasteners. The requests will be placed before the Board of Directors for approval in compliance with SEBI Regulations.
Go Fashion (India) Limited received requests from 20 members of its Promoter Group seeking reclassification to the Public category. All requesting parties currently hold NIL equity shares in the company. The requests are subject to approval from the Board of Directors and stock exchanges.
Akme Fintrade (India) Ltd has submitted an application to BSE and NSE for the reclassification of Star Housing Finance Limited from the 'Promoter Group' to the 'Public' category. The entity currently holds zero shares in the company. This regulatory move follows earlier intimations and is subject to exchange approval.
Capital Trade Links Limited received approval from BSE on April 20, 2026, for the reclassification of Mr. Neeraj Garg. He has been moved from the 'Promoter Group' category to the 'Public' category under Regulation 31A of SEBI LODR Regulations, 2015.
Ajwa Fun World & Resort Ltd's Board approved reclassifying Nilesh K Jain, Manish M Jain, and Kamlesh K Jain from 'Promoter Group' to 'Public Category'. This move involves a total of 21,300 shares, representing 0.34% of the company's paid-up capital, and is subject to BSE approval.
UFO Moviez India Limited has successfully reclassified Apollo Green Energy Limited and Mr. Raaja Kanwar from the 'Promoter/Promoter Group' to the 'Public' category. This change, involving 22,78,917 shares (5.87% stake), was confirmed by the depository system and the Registrar and Share Transfer Agent on April 20, 2026.
Ajwa Fun World & Resort Ltd has approved requests from three shareholders—Nilesh K Jain, Manish M Jain, and Kamlesh K Jain—to reclassify from the 'Promoter Group' to 'Public Category'. The board confirmed they hold no management control or special rights. This reclassification is subject to approval from BSE Limited.
Hyundai Motor India Limited received approval from NSE and BSE for the re-classification of Hyundai Motor Investment, INC. The entity has been moved from the 'Promoter & Promoter Group' category to the 'Public' category under SEBI LODR Regulations. This administrative change follows the company's prior applications submitted in February 2026.
Excel Industries Ltd has received approval from BSE and NSE to reclassify promoter shareholder Malti Bhatia to the 'Public' category. She holds 104,082 shares representing a 0.83% stake. This regulatory milestone formalizes the change in the company's promoter group structure following their application in February 2026.
Cholamandalam Financial Holdings Limited received approval from NSE and BSE for the declassification of Algavista Greentech Private Limited from its promoter group. This regulatory milestone follows the company's application for reclassification under SEBI Listing Regulations.
Nova Iron & Steel Ltd has applied to BSE for the reclassification of three promoters (Aniket Singal, Priyanka Ankit Miglani, and Radhika Saurabh Dhoot) to the public category. The group collectively holds 32,83,600 shares, representing 9.09% of the paid-up capital. This move follows compliance with SEBI Listing Regulations.
Shri Gang Industries & Allied Products Limited received requests from four promoters—Ajay, Shailesh, Siddharth, and Ramesh Gupta—to reclassify their holdings to the 'Public' category. The requests involve approximately 1.43% of the company's total equity. These requests will be reviewed by the board for necessary regulatory approvals.
IIRM Holdings India Limited has applied to reclassify seven promoters, including Mr. Rajiv Agarwal and Sudev Exports Limited, to the public category. The move follows the death of certain promoters and the striking off of related entities. The company cited automatic cessation of promoter status under Regulation 31A(6)(c) for deceased individuals.
Space Incubatrics Technologies Ltd received BSE approval for reclassifying six individuals/entities, including Mahesh Chand Mittal and Satya Prakash Mittal, from Promoter to Public category. The group collectively holds 92 shares, representing a negligible percentage of paid-up capital. This follows an application filed in October 2025.