Promoter Reclassification29 Sept 2026, 04:30 pm
Hypersoft Technologies: Shareholder Approval for Promoter Reclassification
AI Summary
Hypersoft Technologies Ltd announced that shareholders have approved the reclassification of Mr. Sudhakar Varma Yarramraju from the 'Promoter' category to the 'Public' category. This approval was granted via an Ordinary Resolution at the company's 43rd Annual General Meeting (AGM) held on September 28, 2026. The reclassification is effective from September 28, 2026, and will be reflected in the company's future shareholding patterns. This follows a No Objection Letter received from BSE Limited on August 10, 2026.
Key Highlights
- Shareholders approved reclassification of Mr. Sudhakar Varma Yarramraju.
- Reclassification is from 'Promoter' to 'Public' category.
- Effective date of reclassification is September 28, 2026.
- Approval obtained via Ordinary Resolution at AGM.
- Change to be reflected in future shareholding patterns.
Price Impact
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