Promoter Reclassification17 Sept 2026, 06:21 pm
Advanced Enzyme Technologies: Promoter Group Members Seek Reclassification
AI Summary
Advanced Enzyme Technologies Ltd has received revised requests from several promoter group members, including Savita Chandrakumar Rathi, Piyush Chandrakumar Rathi, Advenza Global Limited, and Atharva Green Ecotech LLP, to be reclassified from the 'Promoter Group' category to 'Public' shareholders. These members have confirmed they hold no equity shares or voting rights, do not exercise control, and are not involved in the company's management. The reclassification is subject to the approval of the Board of Directors and stock exchanges, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Promoter group members request reclassification to public shareholders.
- Reclassification is under SEBI Regulation 31A.
- Members confirm no shareholding or control over the company.
- Reclassification requires Board and Stock Exchange approval.
- This impacts the company's shareholding structure.
Price Impact
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