International Conveyors Promoters Seek Reclassification to Public

International Conveyors Ltd has received request letters from two of its promoters, Ms. Smiti Somany and Ms. Pushpa Bagla, seeking reclassification from 'Promoter and Promoter Group' to 'Public' category shareholders. The applicants state they are not associated with the company's business, lack influence over decisions, and are not involved in day-to-day activities or control. They have provided undertakings confirming compliance with SEBI LODR Regulations, specifically Regulation 31A(3)(b). Ms. Bagla holds 0.05% and Ms. Somany holds 1.24% of the equity shares. The Board of Directors considered these requests on August 14, 2026.