Promoter Reclassification5 May 2026, 06:21 pm
Sundram Fasteners: Promoter Reclassification Application Filed
AI Summary
Sundram Fasteners Ltd has submitted an application to BSE and NSE seeking approval for the reclassification of Lakshminarayana Ancillaries Private Limited, Upasana Properties Private Limited, and Upasana Private Limited from the 'Promoter Group' to the 'Public' category. The application was submitted on May 5, 2026, in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Sundram Fasteners seeks to reclassify three entities from 'Promoter Group' to 'Public'.
- Application filed with BSE and NSE on May 5, 2026.
- Reclassification is under Regulation 31A of SEBI Listing Regulations.
- Entities involved: Lakshminarayana Ancillaries, Upasana Properties, Upasana Private Limited.
Price Impact
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