we wish to inform you that we are in receipt of request for reclassification of the shareholding from Promoter and Promoter Group category to Pubic category from one shareholder of the Company. (Copy of the request received dtd 07th September 2020 is Enclosed with this intimation)
The request for reclassification will be considered by the Board of Directors and the approval will be subject to approval of the shareholders and the Stock Exchanges. The Company shall take necessary appropriate steps for the same in accordance with SEBI (LODR) Regulations.
We request you to take note of this as our intimation of material event in accordance with Regulation 31A of the SEBI Regulations.
This is for your kind information and records.
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