Promoter Reclassification1 Jun 2026, 06:51 pm
Hypersoft Tech: Promoter Sudhakara Varma Seeks Reclassification
AI Summary
Hypersoft Technologies Ltd's Board of Directors considered and approved the request from promoter Mr. Sudhakara Varma Yarramraju to reclassify his status from "Promoter" to "Public" category. The approval is subject to receiving a No-Objection Letter from BSE Limited and approval from the company's members via an ordinary resolution. Mr. Yarramraju has confirmed compliance with SEBI LODR Regulations.
Key Highlights
- Sudhakara Varma Yarramraju requests reclassification from Promoter to Public category.
- Board approves reclassification request subject to BSE and member approvals.
- Yarramraju confirms compliance with SEBI LODR Regulations.
- Company to submit reclassification application to stock exchanges.
Price Impact
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