Nova Iron & Steel Ltd — Updates, 02-08-2025: Company Update

Nova Iron & Steel Limited has applied to the BSE for a shareholder reclassification. Ambey Steel and Power Private Limited, currently listed under the 'Promoter Group,' will be reclassified to the 'Public' category. It's important for investors to note this entity holds zero shares, meaning it has 0% ownership of the company. This action simplifies the official shareholder records and clarifies the company's investor base, formalizing the status of a non-holding entity within the company's structure.