Promoter Reclassification4 Aug 2026, 05:00 pm
Swarnsarita Jewels Promoters Seek Reclassification to Public
AI Summary
Swarnsarita Jewels India Ltd has received formal requests from two promoters, Mrs. Seema Rajendra Chordia and Mr. Rajendra M. Chordia, to be reclassified from the 'Promoter/Promoter Group' to the 'Public' category under Regulation 31A of SEBI (LODR) Regulations, 2015. Both individuals currently hold zero shares and 0.00% paid-up capital in the company. They state they no longer exercise control or are involved in the company's management or operations. The company is requested to place this before the Board of Directors for consideration and approval, and to notify the stock exchanges.
Key Highlights
- Two promoters seek reclassification to 'Public' status.
- Applicants hold zero shares and 0.00% paid-up capital.
- Promoters claim no control over company management or operations.
- Reclassification is under SEBI LODR Regulations 31A.
Price Impact
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