Reclassification9 April 2026 at 05:02 am
Akme Fintrade: Star Housing Finance Seeks Reclassification from Promoter to Public Category
AI Summary
Star Housing Finance Limited, a shareholder in Akme Fintrade (India) Ltd, has requested reclassification from the 'Promoter / Promoter Group' category to the 'Public' category under Regulation 31A of SEBI (LODR) Regulations, 2015. Star Housing Finance does not hold any shares in the Company and has never had control over its affairs. The request will be considered by the Board of Directors and is subject to approval from the Stock Exchange. The reclassification is intended to align with the actual status of Star Housing Finance's relationship with the Company.
Key Highlights
- Star Housing Finance has requested reclassification from 'Promoter / Promoter Group' to 'Public' category.
- The request is in accordance with Regulation 31A of SEBI (LODR) Regulations, 2015.
- Star Housing Finance does not hold any shares in Akme Fintrade and has never had control over its affairs.
- The reclassification is subject to approval from the Board of Directors and the Stock Exchange.
- The move aims to align with the actual status of Star Housing Finance's relationship with Akme Fintrade.