Promoter Reclassification21 May 2026, 05:01 pm
India Shelter: Promoter Reclassification NOC from Exchanges
AI Summary
India Shelter Finance Corporation Ltd. received NOC from NSE and BSE on May 21, 2026, for the reclassification of certain members from the ‘Promoter & Promoter Group’ to ‘Public’ category, as per Regulation 31A of the Listing Regulations. The reclassification includes Mr. Anil Mehta and several members of the Promoter Group, including Crossland entities, GreenCore PTE Ltd., and Goldcast Inc.
Key Highlights
- NSE and BSE approved the reclassification of promoters to public category.
- Reclassification follows application dated February 10, 2026.
- Regulation 31A of SEBI (LODR) Regulations, 2015 governs the reclassification.
- Mr. Anil Mehta and 15 other promoter group members are reclassified as public shareholders.
Price Impact
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