
Promoter Reclassification23 Jun 2026, 06:21 pm
Suyog Telematics Shareholders Approve Promoter Reclassification
AI Summary
Suyog Telematics Ltd announced that its shareholders have approved the reclassification of Mr. Somnath Lature from the 'Promoter/Promoter Group' category to the 'Public' category. This decision was passed via an Ordinary Resolution through Postal Ballot on June 20, 2026. The reclassification is effective from June 20, 2026, and will be reflected in the company's shareholding pattern from the quarter ending June 2026 onwards. This follows a No Objection Letter received from BSE and NSE for the reclassification under Regulation 31A of SEBI Listing Regulations.
Key Highlights
- Shareholders approved reclassification of Mr. Somnath Lature.
- Mr. Lature moves from Promoter to Public category.
- Effective June 20, 2026, impacting shareholding patterns.
- Approval obtained via Ordinary Resolution through Postal Ballot.
Price Impact
More from SUYOG