
Promoter Reclassification4 Nov 2026, 05:54 pm
Olympic Management gets SEBI nod for Promoter Reclassification
AI Summary
Olympic Management & Financial Services Ltd has received approval from BSE Limited for the reclassification application of M/s. Excel Paints Private Limited from the 'Promoter' category to the 'Public' category. This approval is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had submitted its application to BSE Limited on June 1, 2026, and the exchange granted its no-objection on November 4, 2026. This reclassification will be reflected on the company's website.
Key Highlights
- SEBI approval received for promoter reclassification.
- Excel Paints Private Limited to be reclassified to Public category.
- Compliance with SEBI LODR Regulations 31A confirmed.
- BSE granted no-objection for the reclassification request.
Price Impact
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