Saraswati Saree Depot Limited — Board Meeting, 05-07-2025: Outcome of Board Meeting
05-07-2025 | 12:21 pm
05-07-2025 | 12:21 pm
Saraswati Saree Depot has announced a board meeting approving the reclassification request of several promoter group members to public shareholders. These individuals confirm they hold less than 10% voting rights, do not exercise control, and have no special rights or board representation. The move awaits stock exchange approvals. This change could potentially increase the free float, possibly improving stock liquidity and broadening investor base. No other financial or strategic updates were disclosed.
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