Shivansh Finserve Clarifies Promoter Reclassification, Revises Shareholding

Shivansh Finserve Ltd has clarified a discrepancy in its historical shareholding patterns. Following a query from BSE, the company reviewed its records and found that three individuals, including Mr. Jignesh Sudhirbhai Shah, were approved for reclassification from Promoter to Public category by BSE on July 6, 2017. The company's Registrar and Share Transfer Agent (RTA) failed to reflect these changes accurately, leading to incorrect filings. The Board has resolved to revise shareholding patterns from June 2017 onwards to reflect the correct status, indicating no promoters or promoter group currently. Shivansh Finserve will coordinate with its RTA to submit corrected filings as per SEBI regulations.