Antelopus Selan Energy Seeks Exchange Approval for Promoter Reclassification
Antelopus Selan Energy Ltd has submitted an application to the BSE Limited and National Stock Exchange Limited seeking their approval for the reclassification of Ms. Payal Upadhyay. Ms. Upadhyay, currently categorized as a 'Promoter Group Shareholder', has requested to be reclassified to 'Public Shareholder' status. This application is made pursuant to Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company previously acknowledged this request on July 27, 2026.
Key Highlights
- Company seeks stock exchange approval for promoter reclassification.
- Ms. Payal Upadhyay to be reclassified from Promoter Group to Public.
- Application filed under SEBI (LODR) Regulations, 2015, Regulation 31A.
- Reclassification is a significant corporate governance step.
Price Impact
More from SELAN
Antelopus Selan Energy: Board Approves Promoter Reclassification
Selan Q1FY27: PAT up 384% YoY to ₹54.3 Cr as NPM hits 41%, even after ₹10 Cr impairment
Antelopus Selan Energy Ltd: Promoter Group Shareholder Seeks Reclassification