Aditya Birla Sun Life AMC Limited — Important, 28-10-2024: Updates

Aditya Birla Sun Life AMC's Board approved requests for reclassification from the 'Promoter and Promoter Group' to 'Public Shareholder' category for Mr. Parag Joglekar, Mrs. Pinky Mehta, and Mr. A. Balasubramanian. This decision is pending approval from the stock exchanges. The individuals have confirmed they do not hold significant voting rights or control over the company, aligning with SEBI regulations. The board noted that the reclassification would not necessitate shareholder approval as their holdings are below 1%.