Laser Power & Infra Limited announced it has received approval letters from both the National Stock Exchange of India (NSE) and BSE Limited (BSE) for the reclassification of two entities, Chaitak Sales Private Limited and Dailmer Industries Private Limited. These entities will move from the ‘Promoter Group’ category to the ‘Public’ category under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This reclassification is effective from November 12, 2026.
Stock Exchange Approvals for Reclassification
Laser Power & Infra Limited has received formal approval letters from both the National Stock Exchange of India (NSE) and BSE Limited (BSE) concerning the reclassification of two entities from its ‘Promoter Group’. The applications for this reclassification were initially submitted on September 28, 2026, seeking no-objection status under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Entities Moving to Public Category
The two entities approved for reclassification are Chaitak Sales Private Limited and Dailmer Industries Private Limited. Both entities will transition from the ‘Promoter Group’ classification to the ‘Public’ category. The approval letters from NSE and BSE are dated November 12, 2026.
Details of Reclassification
The approval signifies that these entities will no longer be considered part of the Promoter Group as defined by the SEBI regulations. The post-reclassification shareholding for both entities is listed as 0% in the provided table, indicating their transition to a non-promoter status. Laser Power & Infra Limited has been advised to ensure compliance with subsequent disclosures related to this reclassification.
Approval Letters
The NSE approval reference is NSE/LIST/COMP/LASERPOWER/640/2026-2027, and the BSE approval reference is LIST/COMP/SJ/266/2026-27. Both stock exchanges have granted their no-objection for the requested reclassification, confirming the move of these entities.
Source: BSE
