Sudarshan Chemical Industries Limited — Important, 05-04-2025: Disclosure of material issue

Sudarshan Chemical Industries Limited has received approval from BSE and NSE for reclassifying certain individuals from the 'Promoter/Promoter Group' category to the 'Public' category. This reclassification involves a total shareholding of approximately 58.85 lakh shares, representing 7.49% of the company's equity. The decision is prompted by a strategic move to enhance corporate governance and broaden the shareholder base. For investors, this might present a positive outlook as it could strengthen market perception and liquidity while aligning with broader governance standards. Future shareholder approval will be sought for the reclassification to take effect.