Sahara Maritime: Promoter Group Member Seeks Reclassification to Public

Sahara Maritime Limited has received a request from Ms. Pramila Rajesh Soni, a member of the Promoter Group, to be reclassified as a Public category shareholder. Ms. Soni holds 2,01,000 equity shares, representing 6.55% of the total shareholding. The request is made under Regulation 31A of the Listing Regulations, citing non-involvement in the company's business, management, or policy decisions. The company's Board of Directors has considered the request and will proceed with necessary regulatory approvals from SEBI, stock exchanges, and shareholders. Ms. Soni has provided undertakings to comply with the conditions stipulated for reclassification.