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BSE and NSE have approved the reclassification of Arpwood Capital Private Limited, Arpwood Partners Investment Advisors LLP, and Eight45 Services LLP from the 'Promoter Group' to the 'Public' category for SBFC Finance Limited. This transition, effective immediately, means these entities will no longer be included in the promoter group in the company’s shareholding pattern. The decision is expected to enhance the transparency of ownership structure, potentially influencing investor sentiment positively. Investors should watch closely as this change may affect shareholder dynamics and the company’s corporate governance perception.