Greenpanel Industries: Promoter Group Seeks Reclassification to Public

Greenpanel Industries Limited has received requests from members of its Promoter Group, including Rajesh Mittal, Karuna Mittal, and Sanidhya Mittal, to be reclassified as Public Shareholders. This reclassification is sought under Regulation 31A of SEBI (LODR) Regulations, 2015. The individuals seeking reclassification currently hold no equity shares in the company and are not involved in its day-to-day affairs or decision-making. The company will undertake necessary steps in compliance with SEBI regulations, and the Board of Directors will consider the request in their next meeting. This move is a procedural step under SEBI guidelines for entities no longer meeting promoter criteria.