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Trading & Distributors
Promoter Reclassification19 Jun 2026, 07:50 pm

Filtron Engineers: Promoter Reclassified to Public Post Share Transfer

AI Summary

Filtron Engineers Ltd has announced the reclassification of Mr. Avinash Sadashiv Muley from Promoter/Promoter Group to the Public category. This change is effective from June 17, 2026, following the complete transfer of shares held by the erstwhile promoter and his Persons Acting in Concert (PAC) to the acquirer(s). The company confirms compliance with all SEBI LODR Regulations for this reclassification, which was delayed due to the shares not being transferred at the time of the acquirer taking control.

Key Highlights

  • Erstwhile promoter Mr. Avinash Sadashiv Muley reclassified to Public.
  • Effective date of reclassification is June 17, 2026.
  • Reclassification follows complete transfer of shares to acquirer.
  • Company confirms compliance with SEBI LODR Regulations.