StockWatch
·
Pharmaceuticals
Promoter Reclassification19 Oct 2026, 09:10 pm

Fabino Enterprises: Promoter Group Reclassified to Public

AI Summary

Fabino Enterprises Limited has announced the reclassification of certain individuals and entities from the 'Promoter and Promoter Group' category to the 'Public' category, and vice-versa. This change follows an open offer made by R G Family Trust, Mr. Sameer Gupta, and Mr. Sundeep Gupta, who have acquired 11,93,200 equity shares from former promoter group members. The transaction involved the transfer of shares from Mrs. Vandana Jain, Mrs. Shanta Jain, Mrs. Kamal Naini Jain, Mrs. Shreya Jain, and Mr. Atul Jain to the acquirers. Consequently, these sellers, along with Mr. Aditya Mahavir Jain, are now classified as 'Public', while R G Family Trust, Mr. Sameer Gupta, and Mr. Sundeep Gupta are now classified as 'Promoter & Promoter Group'. This reclassification is in compliance with Regulation 31A of SEBI (LODR) Regulations, 2015.

Key Highlights

  • Promoter group reclassified to public category.
  • Acquirers reclassified from public to promoter group.
  • Transaction follows an open offer and share purchase agreement.
  • Compliance with SEBI (LODR) Regulations 31A.