
Promoter Reclassification31 Oct 2026, 04:50 pm
RSC International Seeks Promoter Reclassification
AI Summary
RSC International Ltd has submitted an application to BSE Limited for the reclassification of certain erstwhile promoters from the 'Promoter Group' to the 'Public' category. This action is in accordance with Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2013. The individuals named in the application include Mr. Ashok Jain, Mr. Bansi Lal Jain, Mr. Chain Raj Meena, and Mr. Lal Chand Jain, who collectively hold a small percentage of the company's equity. The company has requested that stakeholders take this information on record.
Key Highlights
- Company applied to BSE for promoter reclassification.
- Action taken as per SEBI (Listing Obligations and Disclosure Requirements) Regulations.
- Specific individuals are being moved from Promoter Group to Public category.
- The individuals hold a minor percentage of equity shares.
Price Impact
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