Transoceanic Properties Ltd — Updates, 11-07-2025: Company Update

Megh Mayur Infra Limited has announced a board meeting to consider the reclassification request of Mr. Mitul Jagdish Shah from the promoter category to the public category. Mr. Shah has divested his entire 33.80% shareholding through an inter-se transfer to another promoter and no longer holds any shares or control in the company. He confirms he has no special rights, board representation, or regulatory issues and seeks approval for reclassification to reflect his current status. This change will impact the company’s shareholding pattern and may influence investor perception of promoter holding concentration.