
Promoter Reclassification10 Jul 2026, 12:45 pm
Grameva Ltd: Promoter Genesis Trade-Links Reclassified to Public
AI Summary
Grameva Ltd has announced the completion of an Open Offer by Mrs. Maneesha Singh, Jagsakti Merchandise Pvt Ltd, and Ros Advisory Pvt Ltd. As a result, Genesis Trade-Links Private Limited has been reclassified from the 'Promoter' category to the 'Public' category. This reclassification is in compliance with Regulation 31A(10)(ii) of the SEBI LODR Regulations, 2015. The company confirms compliance with minimum public shareholding norms and that its shares are not suspended from trading. The acquirers are now classified as Promoters/Promoter Group.
Key Highlights
- Genesis Trade-Links reclassified from Promoter to Public.
- Open Offer completed by acquirers on April 16, 2026.
- Company meets minimum public shareholding requirements.
- No trading suspension for Grameva Ltd shares.
- Acquirers now designated as Promoters/Promoter Group.
Price Impact
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