E.I.D.-Parry (India) Limited has applied to the stock exchanges for a “no-objection” to declassify certain outgoing promoters from the ‘Promoter’ category. The application, dated September 24, 2025, seeks to reclassify M/s. Coromandel Engineering Company Limited and M/s. Yanmar Coromandel Agrisolutions Private Limited. This action aligns with regulatory guidelines for listed companies.
Outgoing Promoter Reclassification
E.I.D.-Parry (India) Limited is seeking approval for the declassification of two entities from its ‘Promoter’ category. The company submitted its application to the stock exchanges on September 24, 2025.
Details of the Entities
The companies for which the reclassification is being sought are:
* M/s. Coromandel Engineering Company Limited
* M/s. Yanmar Coromandel Agrisolutions Private Limited
Both entities are currently categorized as part of the Promoter and Promoter Group. Neither entity holds any equity shares.
Source: BSE
