Suyog Gurbaxani Funicular Ropeways: Promoter Reclassified to Public

Suyog Gurbaxani Funicular Ropeways Ltd announced that its shareholders have approved the reclassification of Mr. Somnath Lature from the 'Promoter Group' to the 'Public' category. This decision was made via an Ordinary Resolution passed through Postal Ballot on August 01, 2026, following a No Objection Letter from BSE Limited. The reclassification is effective from August 01, 2026, and will be reflected in the company's shareholding pattern from the quarter ending September 2026 onwards. Voting results and the Scrutinizer's Report will be available on the company's website.