Promoter Reclassification29 Oct 2026, 11:33 am
L&T Finance: Nabha Power reclassified from Promoter to Public
AI Summary
L&T Finance Ltd has received no-objection letters from BSE and NSE for the re-classification of Nabha Power Limited from the 'Promoter Group' to 'Public' category. This follows applications made in June and July 2026, with the stock exchanges granting their approval on October 28, 2026, in accordance with SEBI Listing Regulations. The company is required to ensure subsequent compliance with relevant disclosures related to this reclassification.
Key Highlights
- Nabha Power Limited reclassified from Promoter Group to Public.
- No-objection received from BSE and NSE for the re-classification.
- Action taken as per SEBI Listing Regulations.
- Company to ensure further compliance and disclosures.
Price Impact
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