StockWatch
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Non Banking Financial Company (NBFC)
Promoter Reclassification16 Jun 2026, 05:00 pm

Shree Securities Files for Promoter Reclassification

AI Summary

Shree Securities Ltd has submitted an application to BSE India Limited for the reclassification of certain shareholders from 'Promoter/Promoter Group' to 'Public' category. This includes Amrita Sharma, Manik Chand Pugalia (deceased), Subhash Chandra Dadhich, Faber Trexim Private Limited, and Meghshree Credit Private Limited. The application follows the demise of Mr. Manik Chand Pugalia on December 4, 2024, who consequently ceases to be a Promoter. The company has provided details of the shares held by these individuals and entities.

Key Highlights

  • Application filed for reclassification of shareholders.
  • Shareholders moving from Promoter to Public category.
  • Reclassification follows the demise of Promoter Manik Chand Pugalia.
  • Details of affected shareholders and their holdings provided.