Promoter Reclassification14 Aug 2026, 08:31 pm
Naturite Agro Promoter Reclassification Complete Post Open Offer
AI Summary
Naturite Agro Products Ltd announces the completion of promoter reclassification to public category following an open offer. Existing promoters and promoter group have transferred their entire shareholding to Mr. Siva Dharma Teja Yadlapalli, who now controls the company as of August 14, 2026. Mr. Gadam Vallabh Reddy will continue as Managing Director. This reclassification aligns with SEBI regulations and the terms of the Share Purchase Agreement.
Key Highlights
- Promoter reclassification to public category finalized.
- Siva Dharma Teja Yadlapalli acquires control of the company.
- Existing promoters transferred entire shareholding.
- Gadam Vallabh Reddy to continue as Managing Director.
Price Impact
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