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The company has submitted applications to the BSE and NSE seeking approval for the reclassification of Ms. Lavanya Sankaran from the promoter group to the public shareholder category. This move signals a strategic shift in the ownership structure, potentially enhancing the company's appeal to a wider base of investors. The reclassification could lead to increased liquidity in the stock and may be viewed positively by the market. Investors should watch closely for the outcome of this application, as it could have implications for shareholder dynamics and overall company governance.