Promoter Reclassification13 May 2026, 08:11 pm
Kartik Investments: Promoter Group Reclassification Approved
AI Summary
Kartik Investments Trust Ltd received BSE approval for the reclassification of Algavista Greentech Private Limited (AGPL) from the 'Promoter Group' to the 'Public' category. The approval was granted by BSE vide letter no. LIST/COMP/KR/060/2026-27 dated 12 May, 2026, and received by the company on 13 May, 2026. This reclassification is under Regulation 31A of the SEBI Listing Regulations.
Key Highlights
- BSE approves reclassification of Algavista Greentech from Promoter to Public category.
- Reclassification is under Regulation 31A of SEBI Listing Regulations.
- BSE letter no. LIST/COMP/KR/060/2026-27 dated 12 May, 2026 grants the approval.
- Kartik Investments to ensure compliance with subsequent disclosures.
Price Impact
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