Promoter Reclassification8 Oct 2026, 05:50 pm
Shree Cement: Riya Puja Jain Seeks Promoter Reclassification
AI Summary
Shree Cement Ltd has received a request from Ms. Riya Puja Jain to be reclassified from the 'Promoter Group' to the 'Public' category. Ms. Jain holds 2,050 shares, representing 0.0057% of the company's total paid-up capital. She asserts she is classified as promoter group due to relationship, not control, and leads an independent life. The company's Board of Directors will consider this request in an upcoming meeting, adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Riya Puja Jain requests reclassification from Promoter Group to Public.
- She holds 2,050 shares, 0.0057% of total paid-up capital.
- Reclassification is sought under SEBI Regulation 31A.
- Board of Directors to consider the request in an upcoming meeting.
Price Impact
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