Promoter Reclassification12 May 2026, 04:51 pm
Shri Gang Industries Seeks Reclassification of Promoters to Public
AI Summary
Shri Gang Industries & Allied Products Ltd has submitted an application to BSE Limited on May 12, 2026, seeking approval for the reclassification of Mr. Ajay Gupta, Mr. Shailesh Gupta, Mr. Siddharth Gupta, and Mr. Ramesh Gupta from the "Promoter & Promoter Group" category to the "Public" category. This action is pursuant to Regulation 31A(3) of the Listing Regulations, as previously announced on May 07, 2026.
Key Highlights
- Shri Gang Industries seeks BSE approval for promoter reclassification.
- Ajay Gupta, Shailesh Gupta, Siddharth Gupta, and Ramesh Gupta are proposed for reclassification.
- Reclassification is from "Promoter & Promoter Group" to "Public" category.
- Action is in accordance with Regulation 31A(3) of Listing Regulations.
- Application submitted to BSE on May 12, 2026.
Price Impact
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