V-Mart Retail Ltd. has submitted an application to the BSE and NSE for the reclassification of certain individuals from the ‘Promoter and Promoter Group’ category to the ‘Public’ shareholder category. This submission follows previous intimations regarding the receipt of requests and the Board of Directors’ approval for the reclassification. The company has provided details on the number and percentage of shares held by the individuals involved as of the request date.
V-Mart Retail Seeks Shareholder Reclassification
V-Mart Retail Ltd. announced on November 6, 2026, that it has filed an application with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) to reclassify specific individuals. These individuals are proposed to move from their current standing as ‘Promoter and Promoter Group’ to the ‘Public’ shareholder category.
Details of the Application
This action is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company’s Board of Directors had previously approved the request for reclassification. The filing includes information on the number of shares and the percentage of holdings for the individuals seeking this change, as noted on the date of their request letter.
Shareholder Information for Reclassification
The following individuals are part of this reclassification request:
- Raghav Agarwal: Currently categorized under ‘Promoter Group’, holding 0 shares representing 0% of the total shares as of the request date.
- Ditya Agarwal: Also in the ‘Promoter Group’, with 0 shares and 0% holding as of the request date.
V-Mart Retail Ltd. has requested that the stock exchanges take this information on record.
Source: BSE
