StockWatch
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Industrial Products
Promoter Reclassification9 Oct 2026, 05:53 pm

EMA India: Shareholders Approve Promoter Reclassification

AI Summary

EMA India Ltd announced that its shareholders have approved the reclassification of Ranjana Bhargava, Rakshita Bhargava, Diatech Tools India Private Limited, and Pradip Kumar Bhargava HUF from the 'Promoter and Promoter Group' category to the 'Public' category. This decision was made through a postal ballot on September 7, 2026. Following this reclassification, Rakshita Bhargava will hold 38,000 shares, representing 3.78% of the company's total equity capital, while the other reclassified entities will hold 0 shares. The change will be reflected in future shareholding pattern filings.

Key Highlights

  • Shareholders approved reclassification of promoters to public.
  • Rakshita Bhargava to hold 3.78% stake post-reclassification.
  • Reclassification impacts 4 entities including individuals and HUF.
  • Change to be reflected in upcoming shareholding patterns.