Shree Rama Multi-Tech Limited — Important, 03-04-2025: Updates

Shree Rama Multi-Tech Limited has received a request from Stericon Pharma Private Limited, a part of the promoter group, to be reclassified from the ‘Promoter Group’ to the ‘Public Category’ of shareholders. The request is based on the premise that Nirma Chemical Works Private Limited, the original promoter, no longer holds any shares in Stericon Pharma. The company confirms that it holds no more than 10% of voting rights, does not exert control over operations, and has no special rights or representation within the board of Shree Rama Multi-Tech. This reclassification is significant as it alters the shareholder dynamics, potentially impacting governance and investor perception. Shareholders should monitor this development closely for its strategic implications.