StockWatch
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Pharmaceuticals
Promoter Reclassification22 May 2026, 07:22 pm

Anuh Pharma: Promoter Group Shareholders Seek Reclassification

AI Summary

Anuh Pharma Ltd's Board of Directors approved a resolution for the reclassification of certain shareholders from the 'Promoter/Promoter Group' category to the 'Public' category, subject to shareholder and stock exchange approvals. The decision, made on May 20, 2026, involves nine shareholders, including Madhurika Narendra Shah and Hemant Babubhai Choksi, who collectively hold a small percentage of the company's shares. The board confirmed that these shareholders meet the criteria under SEBI regulations for reclassification, as they are not involved in management, do not exercise control, and have no special rights within the company.

Key Highlights

  • Anuh Pharma board approves reclassification of promoter group to public category.
  • Nine shareholders, including Madhurika Narendra Shah, are seeking reclassification.
  • Reclassification is subject to shareholder and stock exchange approvals.
  • Shareholders meet SEBI criteria for reclassification under Regulation 31A.
  • Board confirms shareholders are not involved in management or control.