Antelopus Selan Energy Ltd: Promoter Group Shareholder Seeks Reclassification
Antelopus Selan Energy Ltd has received a request from Ms. Payal Upadhyay, a Promoter Group Shareholder, to be reclassified as a Public Shareholder under Regulation 31A of SEBI (LODR) Regulations, 2015. Ms. Upadhyay has stated that she holds less than 10% of the total voting rights (0.001%), does not control the company's affairs, and has no special rights or board representation. The company's Board of Directors will consider this request in their upcoming meeting scheduled for July 27, 2026. Ms. Upadhyay has also undertaken to continue complying with the stipulated conditions post-reclassification.
Key Highlights
- Promoter Group shareholder requests reclassification to Public Shareholder.
- Shareholder holds less than 10% voting rights and no control.
- Board of Directors to consider the reclassification request.
- Request is made under SEBI (LODR) Regulations, 2015.
Price Impact
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