Promoter Reclassification17 Jul 2026, 05:00 pm
LTTS Submits Application for Nabha Power Reclassification
AI Summary
L&T Technology Services Ltd (LTTS) has submitted applications to BSE Limited and National Stock Exchange of India Limited for the re-classification of Nabha Power Limited (NPL) from 'Promoter Group' to 'Public' category. This follows the Board of Directors' approval on July 14, 2026, for NPL's request. The submission aligns with Regulation 31A of the SEBI Listing Regulations and other applicable norms. This action is a procedural step in the re-classification process.
Key Highlights
- LTTS filed applications for Nabha Power's re-classification.
- Nabha Power seeks re-classification from Promoter Group to Public.
- The move is in line with SEBI Listing Regulations.
- Board approval for the re-classification was granted on July 14, 2026.
Price Impact
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