Swarnsarita Jewels: Promoters Seek Reclassification to Public

Swarnsarita Jewels India Ltd announced that its Board of Directors has approved the request from Mr. Rajendra M Chordia and Mrs. Seema Rajendra Chordia to reclassify their status from 'Promoter / Promoter Group' to 'Public'. The individuals confirmed they hold no equity shares, exercise no control, and have no special rights in the company. They also do not serve on the Board or as Key Managerial Personnel. The company will now submit an application to BSE for its no-objection. This move aligns with SEBI (LODR) Regulations, 2015, specifically Regulation 31A, which governs such reclassifications.