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The Board of Directors has approved the reclassification request from Mr. Samvegbhai Arvindbhai Lalbhai, who holds 11,396 equity shares, constituting 0.00% of total equity. The Board noted that Mr. Lalbhai is not involved in the company's operations and does not influence business decisions, aligning with the criteria for reclassification. His voting rights, along with those related to him, do not exceed 1% of the total. The reclassification is pending no-objection from the Stock Exchanges, reflecting the Board's favorable stance which could enhance shareholder perception and corporate governance standards.