StockWatch
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Diversified Retail
Promoter Reclassification6 Nov 2026, 01:00 pm

V-Mart Retail Files Promoter Reclassification Application

AI Summary

V-Mart Retail Ltd has submitted an application to BSE and NSE for the reclassification of Raghav Agarwal and Ditya Agarwal from the 'Promoter and Promoter Group' category to the 'Public' category. This action is in accordance with Regulation 31A of the Listing Regulations. The company had previously received the request for reclassification and obtained Board approval for the same on October 30, 2026, and November 3, 2026, respectively. As of the request date, both individuals held zero shares and 0% of the company's equity.

Key Highlights

  • Application filed for promoter reclassification to public category.
  • Follows previous board approval and request receipt.
  • Raghav Agarwal and Ditya Agarwal are the individuals involved.
  • Both individuals held 0% shares at the time of application.