Shardul Securities: Promoter Group Seeks Reclassification to Public

Shardul Securities Limited has received a re-classification request from certain individuals and entities within its promoter and promoter group, including Gagan Dinanath Chaturvedi, Shruti Gagan Chaturvedi, Mohini G Chaturvedi, Pradeep Sandeep Corporate Advisors LLP, and Kamvan Construction Private Limited. These applicants have sold their entire shareholding to Shriyam Commodities Intermediary LLP as per a family settlement. They currently hold no shares and claim no special rights or control over the company. The request will be presented to the board on August 12, 2026, for consideration and potential approval under SEBI regulations.