
Promoter Reclassification30 Sept 2026, 09:10 pm
Rathi Steel & Power seeks promoter reclassification for DBG Leasing
AI Summary
Rathi Steel & Power Ltd has submitted an application to BSE Limited (BSE) seeking no-objection or approval for the reclassification of DBG Leasing and Housing Limited (DBG) from the 'Promoter & Promoter Group' category to the 'Public' category. This action is in accordance with Regulation 31A(3) of the Listing Regulations and follows a previous Board of Directors' meeting outcome filed on September 28, 2026. The company is seeking regulatory approval for this change in shareholding classification.
Key Highlights
- Application filed for promoter reclassification.
- DBG Leasing & Housing to move from Promoter to Public category.
- Action taken under Regulation 31A(3) of Listing Regulations.
- BSE approval is sought for the reclassification.
Price Impact
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