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Axita Cotton has submitted an application for reclassification of specific individuals from the "Promoter Group" to the "Public" category. In total, 16 individuals or entities are seeking this change, with a combined holding of 85,350 shares, representing approximately 0.0245% of the company's total equity capital. Notable names include Gitaben Amitbhai Patel, holding 80,000 shares (0.0230%), and Krunalbhai Girishkumar Patel with 5,333 shares (0.0015%). This reclassification could signal a shift in ownership structure and may enhance liquidity in the company's shares. Investors should watch this development closely, as it might affect market perception and stock performance.