India Shelter Finance Corporation has formally submitted an application to the recognized stock exchanges (BSE and NSE) seeking approval for the reclassification of certain members from the ‘Promoter/Promoter Group’ category to the ‘Public’ category. This action follows board approval granted on February 07, 2026, and continues previous communications initiated in late 2025 regarding the request for status change.
Formal Application Submitted for Shareholding Change
India Shelter Finance Corporation Limited announced on February 10, 2026, that it has officially submitted the requisite application to the stock exchanges—BSE Limited and the National Stock Exchange of India Limited. The purpose of this filing is to seek no-objection or approval for the proposed reclassification of certain entities from the “Promoter/Promoter Group” category to the “Public” category.
Background to the Reclassification
This regulatory step is in continuation of earlier intimations made on December 16, 2025, and January 30, 2026, regarding requests received from members seeking this change in status. The Board of Directors of the company granted approval for this proposed reclassification during their meeting held on February 07, 2026.
Compliance and Filings
The company confirms that this intimation is being made in compliance with the established requirements under the relevant regulations governing Listing Obligations and Disclosure Requirements. The announcement was duly executed by Mukti Chaplot, Company Secretary & Compliance Officer.
Source: BSE
