Reclassification of Shares7 April 2026 at 10:53 am
Ajwa Fun World & Resort Ltd: Share Reclassification from 'Promoter and Promoter Group' to 'Public' Category
AI Summary
Ajwa Fun World & Resort Ltd has received a request from shareholders NILESH K JAIN to reclassify their shares from the 'Promoter and Promoter Group' category to the 'Public' category. This decision is subject to the approval of the Board of Directors and the BSE Limited. The shareholders, NILESH K JAIN, currently hold 0.16% of the paid-up capital of the company and have stated that they are not associated with the business of the company and do not exercise control over its affairs.
Key Highlights
- Share reclassification request from 'Promoter and Promoter Group' to 'Public' category
- Request received from NILESH K JAIN holding 0.16% of the paid-up capital
- Subject to approval from the Board of Directors and BSE Limited
- Shareholders not associated with the business or control affairs of the company
- Re-classification decision based on the analysis of the Board of Directors