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Megh Mayur Infra Limited has announced that its Board, at a meeting held on July 19, approved Mr. Mitul Jagdish Shah's request to be reclassified from the 'Promoter' to the 'Public' category of shareholders. The company has since submitted an application to BSE Limited for this reclassification. This development indicates a shift in the company's ownership structure, as a current promoter seeks to become part of the public shareholding. This could potentially increase the free float and broaden the investor base for the company's shares.