STOCKWATCH

Saraswati Saree Depot Ltd: Promoter Group Members Seek Reclassification as Public

In a recent board meeting, members of the Promoter Group of Saraswati Saree Depot Ltd requested reclassification as public under Regulation 31A of SEBI LODR. The board noted that these members do not hold more than 10% of the total voting rights, do not control the affairs of the listed entity, and do not have special rights or key managerial positions. They also confirmed that they are not willful defaulters or fugitive economic offenders. The board approved the requests, subject to no-objection or approval from the stock exchanges and other required approvals.

• Promoter group members seek reclassification as public
• Requests placed before the board at a meeting held on 5th July 2025
• Applicants do not hold more than 10% of total voting rights
• Applicants do not control the affairs of the listed entity
• Requests subject to no-objection or approval from stock exchanges