India Pesticides Ltd - 543311 - Re-Classification Of Promoter Group Of The Company Due To Transmission Of Shares
In compliance with Regulation 31A(6)(a) of SEBI LODR Regulations 2015 and other regulation of SEBI as applicable/amended from time to time, the Company has received request of transmission of 83,43,750 (7.25%) shares to Mrs. Sudha Agarwal, nominee (wife- immediate relative) of Late Mahendra Swarup Agarwal, who was holding 85,89,645 (7.46%) shares in the Company. Moreover, pursuant to section 31A(6) (a) shares of Late Mahendra Swarup Agarwal shall be transmitted to his nominees therefore, after this transmission Mrs. Sudha Agarwal who was earlier in 'Public Category' holding 449881 (0.39%) shares shall be re- classified as 'Promoter Group' and shall hold 8793631 (7.64%) shares of the Company. We shall update the stock exchange upon the transmission of all shares as and when it is done accordingly. Further, it is hereby informed that he would be ceased to be the part of promoter group of the company in accordance with the Regulation 31A (6) (c) of the SEBI LODR Regulations, 2015.09-03-2022