Promoter Reclassification16 Oct 2026, 09:10 pm
DLF Ltd seeks no-objection for promoter reclassification
AI Summary
DLF Ltd has submitted applications to the stock exchanges for the reclassification of Madhukar Housing and Development Company from 'Promoter and Promoter Group' to 'Public' category. This follows the company's earlier communications on October 7th and 16th, 2026, regarding the receipt of a request and subsequent Board approval for this reclassification. The application is made in accordance with Regulation 31A of the SEBI Listing Regulations, seeking the stock exchanges' no-objection to proceed with the change in Madhukar's status.
Key Highlights
- DLF Ltd applied for promoter reclassification of Madhukar Housing.
- Madhukar seeks to move from 'Promoter' to 'Public' category.
- Application submitted to stock exchanges for no-objection.
- Action taken as per SEBI Listing Regulations, Regulation 31A.
Price Impact
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