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Bhagiradha Chemicals has secured approvals for reclassifying three individuals from 'Promoter Group' to 'Public' category. This reclassification involves T Kalyan Chakravarthi (1,25,000 shares, 0.10%), Potini Vijaya Lakshmi (31,740 shares, 0.02%), and Ramalakshmi Tulasi Padmavathy Kolli (33,000 shares, 0.03%). In total, 1,89,740 equity shares, representing approximately 0.15% of the company's shareholding, have transitioned. This move streamlines the ownership structure, potentially increasing public float and enhancing corporate governance for investors.
All announcements from Bhagiradha Chemicals & Industries Limited