Promoter Reclassification1 Aug 2026, 06:00 pm
Prataap Snacks Promoters Seek Reclassification to Public Category
AI Summary
Prataap Snacks Ltd has received requests from several promoters, including Mr. Arvind Mehta, Mr. Naveen Mehta, Mrs. Rita Mehta, Mrs. Kanta Mehta, and Mr. Rajesh Kumar Mehta, to reclassify their status from 'Promoter' to 'Public' category. This reclassification is being sought in accordance with Regulation 31A of the SEBI (LODR) Regulations, 2015. The company will undertake the necessary steps as per the listing regulations. The individuals seeking reclassification hold a combined stake of approximately 2.14% of the paid-up capital.
Key Highlights
- Promoters of Prataap Snacks Ltd have requested reclassification to the 'Public' category.
- The move is in compliance with SEBI (LODR) Regulations, 2015, Regulation 31A.
- Several individuals are seeking this change in their shareholding status.
- The company will proceed with necessary regulatory steps.
- This impacts the promoter group's shareholding structure.
Price Impact
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