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Promoter Reclassification30 Oct 2026, 07:21 pm

Aptech Ltd: Shareholders Approve Utpal Sheth's Reclassification

AI Summary

Aptech Ltd announced that its shareholders have approved the reclassification of Mr. Utpal Sheth from the 'Promoter Group' to the 'Public' category. This decision was made through a postal ballot process that concluded on October 30, 2026. The reclassification is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is effective immediately. This move follows previous disclosures made by the company regarding the proposed change.

Key Highlights

  • Shareholders approved Mr. Utpal Sheth's reclassification.
  • Reclassification is from 'Promoter Group' to 'Public'.
  • Effective immediately as per SEBI LODR Regulations.
  • Postal ballot process concluded on October 30, 2026.