Antelopus Selan Energy: Board Approves Promoter Reclassification

Antelopus Selan Energy Ltd announced that its Board of Directors, in a meeting held on July 27, 2026, approved a request for the reclassification of Ms. Payal Upadhyay's status from 'Promoter Group Shareholder' to 'Public Shareholder'. This reclassification is in accordance with Regulation 31A of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The approval is subject to obtaining necessary approvals from the stock exchanges, shareholders, and other applicable statutory authorities. Ms. Upadhyay has confirmed compliance with conditions, including not holding more than 10% of the company's equity, not exercising control, and not having special rights. The company also confirmed compliance with minimum public shareholding norms and no outstanding dues to regulatory bodies.