StockWatch
·
Iron & Steel Products
Promoter Reclassification3 Oct 2026, 05:50 pm

Nova Iron & Steel: Promoters Reclassified to Public Category

AI Summary

Nova Iron & Steel Ltd has received approval from BSE Limited for the reclassification of Mr. Aniket Singal, Ms. Priyanka Ankit Miglani, and Ms. Radhika Saurabh Dhoot from the 'Promoter' category to the 'Public' category. This reclassification is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had submitted its application on June 22, 2026, and BSE granted its no-objection on October 1, 2026, with the information made available on October 3, 2026. The company will also update this information on its website.

Key Highlights

  • BSE approves promoter reclassification for Nova Iron & Steel.
  • Three individuals moved from 'Promoter' to 'Public' category.
  • Reclassification follows SEBI LODR Regulations, 2015.
  • Company submitted application on June 22, 2026.
  • Approval granted by BSE on October 1, 2026.