Promoter Reclassification15 Jun 2026, 04:08 pm
Shree Securities Board Approves Promoter Reclassification
AI Summary
Shree Securities Limited held a Board of Directors meeting on June 15, 2026. The board approved the reclassification of several promoters and promoter group members to the 'Public' category. This includes Amrita Sharma, Subhash Chandra Dadhich, Faber Trexim Private Limited, and Meghshree Credit Private Limited. The meeting also noted the demise of promoter Mr. Manik Chand Pugalia on December 4, 2024, and his consequent removal from the promoter category. These changes are in line with SEBI regulations.
Key Highlights
- Board approved reclassification of promoters to public category.
- Amrita Sharma and Subhash Chandra Dadhich to be reclassified.
- Faber Trexim and Meghshree Credit also reclassified.
- Promoter Manik Chand Pugalia noted as deceased.
- Changes comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Price Impact
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