RACL Geartech Limited — Important, 24-01-2025: Updates

RACL Geartech Limited has submitted an application for the reclassification of a promoter and promoter group member to the public category shareholders. Specifically, Mr. Dev Raj Arya, holding 2.05% of shares (2,20,554 shares), is being reclassified, while Ms. Raj Arya holds no shares. This change aims to transition these individuals from the "Promoter" and "Promoter Group" status in line with SEBI LODR Regulations. This move could enhance shareholder composition and potentially improve market perception, warranting close attention from investors.