LTM Limited has received ‘no-objection’ letters from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). These letters are in response to the company’s application for the reclassification of Nabha Power Limited from the ‘Promoter Group’ category to the ‘Public’ category, as per SEBI Listing Regulations. The approvals are dated September 4, 2026.
Stock Exchange Approval for Promoter Reclassification
LTM Limited announced today that it has received official ‘no-objection’ letters from the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). These crucial approvals, both dated September 4, 2026, pertain to the company’s application for the reclassification of Nabha Power Limited.
Reclassification Details
The reclassification seeks to move Nabha Power Limited from the ‘Promoter Group‘ category to the ‘Public‘ category. This action is being undertaken in strict accordance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously submitted its application on July 15, 2026, following an initial intimation on June 27, 2026.
LTM Limited has requested that these approvals be taken on record. The company is required to ensure compliance with all subsequent relevant disclosures of material events related to this reclassification, as mandated by the SEBI Listing Regulations.
Source: BSE
