India Radiators Ltd — Updates, 18-06-2025: Company Update

India Radiators Limited has announced the reclassification of three former promoters—Mrs. Seetha Chidambaram, M/s. Riviera Capital Consulting & Research Pvt Ltd, and Mr. Venkatachalam Chidambaram—from the promoter category to the public shareholder category, with their shareholding now at zero. Post reclassification, Mercantile Ventures Limited remains the sole promoter, holding 3,48,622 shares, or 38.74% of the company. This change clarifies the current promoter and public shareholding structure, which is key for investor transparency and governance.