Hyundai Motor India Investment, INC has requested a re-classification from the “Promoter and Promoter Group” category to the “Public” category. The company clarified that it doesn’t currently hold any shares, so the re-classification will not impact the overall shareholding. The request will be presented at the upcoming board of directors meeting.
Re-classification Request
Hyundai Motor India Investment, INC has formally requested a re-classification of its shareholder status. The company is seeking to move from the “Promoter and Promoter Group” category to the “Public” category.
Shareholding Status
Hyundai Motor India Investment, INC confirms that it does not hold any shares in the company as of January 19, 2026. Consequently, the proposed re-classification will not affect the shareholding structure of the promoter or promoter group.
Next Steps
The request will be presented to the Board of Directors during the next meeting for their consideration. The company will also take the necessary steps to achieve this re-classification.
Source: BSE
