Coromandel International has applied for the reclassification of Coromandel Engineering Company Limited (CECL) and Yanmar Coromandel Agrisolutions Private Limited (YCAS) from the ‘Promoter group’ category. The company submitted a “no-objection” request to the stock exchanges on September 26, 2025, to proceed with this re-classification. Both CECL and YCAS currently hold no equity shares in Coromandel International.
Promoter Group Reclassification
On September 26, 2025, Coromandel International announced that it has requested the reclassification of two entities, Coromandel Engineering Company Limited (“CECL”) and Yanmar Coromandel Agrisolutions Private Limited (“YCAS”), from the ‘Promoter group’ category.
Details of the Entities
The company has sought a “no-objection” from the National Stock Exchange of India Limited and BSE Limited to proceed with the reclassification.
Both Coromandel Engineering Company Limited and Yanmar Coromandel Agrisolutions Private Limited are currently classified as part of the Promoter Group but hold no equity shares in Coromandel International.
Entities Details
Coromandel Engineering Company Limited, belonging to the Promoter Group, holds Nil equity shares.
Yanmar Coromandel Agrisolutions Private Limited, belonging to the Promoter Group, holds Nil equity shares.
Source: BSE
