Promoter Reclassification11 Jun 2026, 05:51 pm
Ken Financial Services: Promoter seeks reclassification to Public
AI Summary
Ken Financial Services Ltd has received a request from its promoter, Mr. Aashish Jajodia, to reclassify his status from 'Promoter' to 'Public' category, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Jajodia currently holds 1.40% of the company's total shareholding (41,900 equity shares). He asserts that he does not control the company's management or policy decisions and meets all conditions for reclassification under Regulation 31A. The request will be placed before the Board of Directors for consideration.
Key Highlights
- Promoter Mr. Aashish Jajodia requests reclassification to Public.
- Current holding is 1.40% (41,900 shares).
- Request complies with SEBI Regulation 31A.
- Board of Directors to consider the reclassification request.
Price Impact
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