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Exchange Received Time  19/04/2017 19:40:49 Exchange Disseminated Time 19/04/2017 19:40:54 Time Taken 00:00:05 | This is to inform that the Company has received application from certain Shareholders (as given in the attached letter), presently forming part of Promoter & Promoter group shareholders of Company, under the provisions of Regulation 31A(5) of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, to get them removed from Promoter and Promoter Group shareholders of Company by way of reclassifying them to public Shareholders category as they are neither involved in the decision process of Company nor having any direct or indirect control on its affairs; rendering their membership under the Promoter and Promoter Group category infructuous, irrelevant and meaningless though being relatives of Managing Director and Executive Director cum CFO of Company and such reclassification is also not meant for achieving any public shareholding requirement on part of Company. |
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