Promoter Reclassification30 May 2026, 04:51 pm
Standard Shoe Sole: Promoter Reclassification Approved
AI Summary
Standard Shoe Sole and Mould (India) Ltd. announced that shareholders approved the reclassification of certain individuals and entities from the Promoter/Promoter Group category to the Public category during an EGM held on May 29, 2026. This reclassification follows BSE approval received on April 2, 2026, and is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A total of 3,51,393 shares, representing 6.87% of shareholding, were reclassified.
Key Highlights
- Shareholders approved promoter reclassification to public category in EGM on May 29, 2026.
- Reclassification follows BSE approval dated April 2, 2026.
- BG Chemicals Private Limited had 16,393 shares reclassified.
- Baldeo Das Bhaiya, Krishna Devi Bhaiya and others had shares reclassified.
- Total of 3,51,393 shares (6.87%) reclassified from promoter to public category.
Price Impact
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