EMA India Limited has officially announced the reclassification of its promoters from the ‘Promoter/Promoter Group’ category to the ‘Public’ category. This change, in compliance with SEBI (LODR) Regulations, 2015, follows the receipt of a No Objection Letter from BSE Limited. The reclassification applies to individuals and entities including Rakshita Bhargava, Ranjana Bhargava, Pradip Kumar Bhargava HUF, and Diatech Tools India Pvt Ltd.
Promoter Reclassification Under SEBI Regulations
EMA India Limited has informed the stock exchange regarding the reclassification of certain entities from the ‘Promoter and Promoter Group’ category to the ‘Public’ category, as per Regulation 31A of the SEBI (LODR) Regulations, 2015. This corporate action has been undertaken following the receipt of a formal No Objection Letter (NOC) from BSE Limited.
Key Entities Affected by Reclassification
The No Objection Letter was issued by BSE Limited on August 12, 2026, granting approval for the reclassification. The following promoters and promoter group entities are now moved to the ‘Public’ category:
- Rakshita Bhargava
- Ranjana Bhargava
- Pradip Kumar Bhargava HUF
- Diatech Tools India Pvt Ltd
The company stated that the intimation was filed with a slight delay due to unforeseen technical reasons and assured that measures have been implemented to prevent future occurrences.
Source: BSE