StockWatch
·
Computers - Software & Consulting
Promoter Reclassification30 Apr 2026, 02:08 pm

ECS: 8 Promoter Group members seek reclassification to Public

AI Summary

ECS Biztech Ltd has received requests from eight members of its Promoter Group seeking reclassification to the "Public" category of shareholders. These requests, dated April 29, 2026, are made in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reclassification is subject to approval from the company's Board of Directors and BSE Limited. The applicants, including Bharatkumar K Doshi and Shilpa Bharatkumar Doshi, hold varying share percentages, from 0% to 0.39% of the company's total shareholding. They have provided undertakings to comply with the conditions stipulated under Regulation 31A.

Key Highlights

  • ECS Biztech received requests for promoter reclassification.
  • Eight Promoter Group members seek reclassification to Public.
  • Reclassification is under SEBI LODR Regulation 31A.
  • Approval from Board and BSE is required for reclassification.
  • Applicants hold between 0% and 0.39% of company shares.