L&T Technology Services Limited has received ‘no-objection’ letters from both the BSE Limited and the National Stock Exchange of India Limited. These approvals pertain to the application for re-classification of Nabha Power Limited from the ‘Promoter Group’ category to the ‘Public’ category, as per Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The letters were dated September 4, 2026.
Stock Exchanges Grant No-Objection for Promoter Reclassification
L&T Technology Services Limited announced today that it has received formal no-objection letters from both BSE Limited and the National Stock Exchange of India Limited (NSE). These approvals are significant as they greenlight the application for the re-classification of Nabha Power Limited from its current ‘Promoter Group’ status to the ‘Public’ category.
Regulatory Compliance and Next Steps
The re-classification is being processed in accordance with Regulation 31A of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. The letters from the stock exchanges, both dated September 4, 2026, confirm that the exchanges have no objection to this proposed change. This development follows earlier intimations made by L&T Technology Services on June 27, July 14, and July 17, 2026, regarding the application.
The company has enclosed the copies of these no-objection letters for informational purposes and record. L&T Technology Services is expected to ensure compliance with all subsequent relevant disclosures concerning this reclassification, as stipulated by the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: BSE
