
Promoter Reclassification16 Oct 2026, 05:30 pm
EPL Ltd: Epsilon Bidco Seeks Promoter to Public Reclassification
AI Summary
EPL Limited has received a request from Epsilon Bidco Pte. Ltd. to reclassify itself from the 'promoter' category to the 'public' category. Epsilon Bidco previously held 26.37% of EPL's paid-up share capital but has since sold its entire shareholding. The company will place this request for consideration at its upcoming Board Meeting. Epsilon Bidco has confirmed it no longer holds significant voting rights, exercises no control, and has no special rights or board representation in EPL Ltd, meeting the criteria under Regulation 31A of SEBI LODR Regulations.
Key Highlights
- Epsilon Bidco Pte. Ltd. requests reclassification from promoter to public.
- Epsilon Bidco has sold its entire 26.37% stake in EPL Ltd.
- The company will consider the request at its next Board Meeting.
- Reclassification is in accordance with SEBI LODR Regulations.
- Epsilon Bidco confirms no control or significant shareholding.
Price Impact
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