StockWatch
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Diversified Commercial Services
Promoter Reclassification22 Jul 2026, 12:58 pm

Olympic Management Applies for Promoter Reclassification

AI Summary

Olympic Management & Financial Services Ltd announced on June 01, 2026, that it has submitted an application to BSE Limited. This application seeks the reclassification of 'Excel Paints Private Limited' from the 'Promoter & Promoter Group' category to the 'Public' category, in accordance with SEBI regulations. This move follows a Board meeting outcome and extract of minutes submitted on May 28, 2026.

Key Highlights

  • Application submitted to BSE for promoter reclassification.
  • Excel Paints Private Limited to move from Promoter to Public category.
  • Action taken as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • Follows Board meeting outcome and minutes submitted on May 28, 2026.