
Promoter Reclassification29 May 2026, 06:33 pm
Omansh Ent: Promoter Reclassification to Public Category
AI Summary
Omansh Enterprises Ltd (now Pipan Oils Ltd) announced the Board of Directors approved the reclassification of Raconteur Granite Limited from the 'promoter' category to the 'public' category. This decision, made on May 28, 2026, is subject to the approval of BSE Limited and complies with Regulation 31A of the SEBI LODR Regulations. Raconteur Granite Limited holds 500,000 equity shares, representing 2.85% of the company's shareholding. The board confirmed that Raconteur Granite Limited is not involved in the company's day-to-day activities or policy decisions.
Key Highlights
- Board approves reclassification of Raconteur Granite Limited from 'promoter' to 'public' category.
- Reclassification is subject to BSE approval and SEBI LODR Regulations.
- Raconteur Granite Limited holds 500,000 shares, representing 2.85% of Omansh Enterprises.
- Company confirms compliance with minimum public shareholding requirements.
- Raconteur Granite Limited is not involved in the company's business operations.
Price Impact
More from OMANSH