Promoter Reclassification5 May 2026, 06:21 pm
Svaraj Trading: Shareholder Approval for Promoter Reclassification
AI Summary
Svaraj Trading & Agencies Ltd received shareholder approval on May 4, 2026, via postal ballot, for the reclassification of Mr. Mukesh Vaishnav from the "Promoter Group" to the "Public" category. This decision aligns with Regulation 31A of the SEBI Listing Regulations, following earlier intimations and a No Objection Certificate from BSE Limited. The voting results and Scrutinizer’s Report are available on the stock exchange and the company's website.
Key Highlights
- Shareholders approved reclassification of Mukesh Vaishnav to 'Public' category.
- Reclassification effective from May 4, 2026.
- Approval obtained via postal ballot under SEBI Listing Regulations.
- Voting results and Scrutinizer’s Report are publicly available.
Price Impact
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