Aarti Industries Limited has formally submitted an application to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) seeking their no-objection for the reclassification of Mrs. Ratanben Premji Gogri. This move aims to shift her status from the ‘Promoter’ and ‘Promoter Group’ category to the ‘Public’ category, as previously approved by the Board of Directors on July 30, 2026. The company is awaiting the exchanges’ formal approval.
Reclassification Application Submitted to Exchanges
Aarti Industries Limited has officially commenced the process for reclassifying one of its promoter group members. The company announced on August 3, 2026, that it has submitted an application to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The purpose of this submission is to seek their ‘No Objection’ for the proposed reclassification of Mrs. Ratanben Premji Gogri.
Details of Reclassification
This reclassification pertains to Mrs. Ratanben Premji Gogri’s status, transitioning her from the ‘Promoter’ and ‘Promoter Group’ category to the ‘Public’ category. This decision follows an approval from the Board of Directors of Aarti Industries Limited, which was communicated via an intimation dated July 30, 2026. The company is now awaiting formal consent from the stock exchanges to proceed with this change in shareholding classification.
Source: BSE
