
Promoter Reclassification16 Jul 2026, 01:08 pm
Greenply Industries: Promoter Group Seeks Reclassification
AI Summary
Greenply Industries Ltd has received requests from several members of its Promoter Group, including Shobhan Mittal, Santosh Mittal, and Shiv Prakash Mittal, to be reclassified as Public Shareholders. These individuals and entities, as of the filing date, hold no equity shares in the company and are not involved in its day-to-day affairs or decision-making. The company is undertaking necessary steps in compliance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. The Board of Directors will consider these requests in their upcoming meeting.
Key Highlights
- Promoter Group members request reclassification to Public Category.
- Applicants currently hold zero equity shares in Greenply Industries.
- Reclassification is in accordance with SEBI LODR Regulations.
- Board to review requests in the next meeting.
- No change in control or day-to-day management implied.
Price Impact
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