Promoter Reclassification7 Apr 2026, 05:01 pm
Ajwa Fun World & Resort Ltd Reclassifies Promoter Group Shares to Public Category
AI Summary
Ajwa Fun World & Resort Ltd has received a request from its promoters, NILESH K JAIN and others, 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 requesting promoters, who hold a combined 0.16% of the company's paid-up capital, have stated that they no longer have any significant shares, control, or influence over the company's business and policy decisions.
Key Highlights
- Ajwa Fun World & Resort Ltd promoters request reclassification of their shares to the 'Public' category
- The request is subject to the approval of the Board of Directors and the BSE Limited
- The requesting promoters hold a combined 0.16% of the company's paid-up capital
- The promoters have stated they no longer have any significant shares, control, or influence over the company's business and policy decisions
- The reclassification is in accordance with Regulation 30 and Regulation 31A(8) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Price Impact
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