Kalpataru Projects International Limited has submitted applications to the BSE and NSE seeking approval for the reclassification of two individuals, Mr. Imtiaz Kanga and Mrs. Yasmin Imtiaz Kanga, from the ‘Promoter Group’ category to the ‘Public’ category. This move is in accordance with SEBI regulations and aims to formalize a change in their shareholder status, with the applications filed on 06th November, 2026.
Promoter Status Reclassification Application Filed
Kalpataru Projects International Limited announced today, 06th November, 2026, that it has submitted applications to both the BSE Limited and the National Stock Exchange of India Limited. These submissions seek the necessary no-objection or approval for the reclassification of two individuals, Mr. Imtiaz Kanga and Mrs. Yasmin Imtiaz Kanga. The company wishes to move them from the ‘Promoter Group’ category to the ‘Public’ category.
Regulatory Compliance
This application is made in compliance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously intimated about this intention on 03rd November, 2026, and 05th November, 2026. The decision to reclassify these individuals marks a significant step in the company’s corporate governance structure.
Source: BSE
