Promoter Reclassification21 Aug 2026, 05:41 pm
Promoter Seeks Reclassification from Promoter Group to Public
AI Summary
Frontline Financial Services Limited has received a request from Mr. Tushar Shashikant Shah, a member of the Promoter/Promoter Group, to be reclassified to the Public category. Mr. Shah currently holds 1,07,400 equity shares, representing 1.82% of the company's shareholding. The request will be presented to the Board of Directors for consideration in accordance with SEBI (LODR) Regulations, 2015. Further actions and disclosures will be made as per regulatory requirements.
Key Highlights
- Promoter Mr. Tushar Shashikant Shah requests reclassification.
- Current shareholding is 1.82% (1,07,400 equity shares).
- Request to be considered by the Board of Directors.
- Action to comply with SEBI (LODR) Regulations, 2015.
Price Impact
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