Navkar Corporation Limited — Important, 11-04-2025: Disclosure of material issue
11-04-2025 · 06:49 pm
Navkar Corporation Limited has received approvals from BSE and NSE for the reclassification of several members from the "Promoter" and "Promoter Group" category to the "Public" category. This decision includes key shareholders such as Shantilal Jayavantraj Mehta and various family trusts associated with the Mehta family. With this shift, these individuals and entities will no longer be part of the promoter category in the company’s shareholding pattern, which will reflect in the upcoming reports filed under SEBI guidelines. This change may enhance the liquidity and overall market perception of the company's shares, an aspect investors should monitor closely for its potential impact on stock performance.
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