Promoter Reclassification1 Jul 2026, 07:00 pm
Star Housing Finance Promoters Seek Reclassification
AI Summary
Star Housing Finance Ltd has received reclassification request letters from its promoters, Akme Automobiles Private Limited and others, seeking to move from the 'Promoter and Promoter Group' category to the 'Public' category. The requests are based on holding nominal share percentages and lacking control over the company's affairs. The company will proceed with necessary steps as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Promoters request reclassification to 'Public' category.
- Requests cite nominal shareholding and lack of control.
- Company to follow SEBI LODR Regulations for reclassification.
- Akme Automobiles holds 0.04% equity, seeking reclassification.
Price Impact
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