StockWatch
·
Computers - Software & Consulting
Promoter Reclassification5 Jun 2026, 06:41 pm

Hypersoft Technologies Seeks BSE Nod for Promoter Reclassification

AI Summary

Hypersoft Technologies Ltd has applied to BSE Limited for its No Objection to reclassify Sudhakara Varma Yarramraju from the 'Promoter' category to the 'Public' category. This follows a request from the promoter and an earlier approval from the company's Board of Directors on June 1, 2026. Sudhakara Varma Yarramraju holds 981,155 shares, representing 1.16% of the company's total holding. The application is subject to receiving necessary approvals from BSE and other applicable authorities.

Key Highlights

  • Promoter Sudhakara Varma Yarramraju seeks reclassification to 'Public' category.
  • Application submitted to BSE for No Objection on reclassification.
  • Reclassification is subject to regulatory approvals.
  • Promoter holds 1.16% stake in Hypersoft Technologies.