Yanmar Coromandel Agrisolutions Private Ltd., a member of the promoter group of Tube Investments of India, has requested reclassification from the ‘promoter group’ category to ‘public’ category. The reclassification request was formally received on September 17, 2025. The reclassification requires the approval of the Board of Directors and a No-Objection Certificate from the National Stock Exchange of India and BSE Limited.
Promoter Reclassification Request
Tube Investments of India announced that it has received a request for reclassification from Yanmar Coromandel Agrisolutions Private Ltd., a member of its promoter group. The request, received on September 17, 2025, seeks to reclassify Yanmar Coromandel Agrisolutions from the ‘promoter group’ to the ‘public’ category of shareholders.
Details of Shareholding
As of the date of the request letter, Yanmar Coromandel Agrisolutions Private Limited held Nil paid-up equity shares and had a Nil percentage of shareholding.
Next Steps
The reclassification is subject to the approval of the company’s Board of Directors. It also requires a No-Objection Certificate from both the National Stock Exchange of India (NSE) and the BSE Limited.
Source: BSE
