StockWatch
·
Computers - Software & Consulting
Promoter Reclassification10 Aug 2026, 06:34 pm

Hypersoft Technologies: BSE Approves Promoter Reclassification

AI Summary

Hypersoft Technologies Ltd has received a No Objection letter from BSE Limited for the reclassification of Mr. Sudhakara Varma Yarramraju from the 'Promoter' category to the 'Public' category. This reclassification is in accordance with Regulation 30 read with Regulation 31A(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The shareholder held 981,155 equity shares, representing 1.16% of the company's total shares. The company is required to ensure compliance with subsequent disclosures related to this reclassification.

Key Highlights

  • BSE grants no-objection for promoter reclassification.
  • Mr. Sudhakara Varma Yarramraju moves from Promoter to Public category.
  • The reclassification affects 1.16% of company shares.
  • Compliance with SEBI LODR Regulations is mandatory.