Excel Industries: Malti Bhatia Reclassified as Public Shareholder

Excel Industries Ltd has received approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for the reclassification of its promoter shareholder, Mrs. Malti Bhatia, to a public shareholder. The reclassification, approved on April 16, 2026, pertains to 104,082 shares held by Mrs. Bhatia, constituting 0.83% of the company's shareholding. This action was taken in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following applications submitted by the company in early 2026. The company is now required to ensure compliance with all subsequent relevant disclosures related to this reclassification.