Promoter Reclassification6 Oct 2026, 11:59 am
Ganon Products Ltd: Promoter Seeks Reclassification to Public
AI Summary
Ganon Products Ltd has received a request from Kamla Business Ventures LLP, a promoter entity, to reclassify its status from 'Promoter & Promoter Group' to 'Public'. This reclassification is sought under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kamla Business Ventures LLP has confirmed it does not exercise control, hold special rights, or participate in the management or decision-making of the company. The company will initiate the necessary process, potentially involving the Board of Directors and shareholders, to facilitate this change.
Key Highlights
- Promoter entity Kamla Business Ventures LLP requests reclassification to 'Public'.
- Reclassification is sought under SEBI LODR Regulations 31A.
- The entity confirms no control or management involvement in the company.
- Company to initiate the reclassification process as per regulations.
Price Impact
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