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Sudarshan Chemical Industries LimitedImportant, 08-09-2025: Disclosure of material issue

08-09-2025 | 05:40 pm

Sudarshan Chemical has completed a significant reclassification! 📢

**The Issue:** Three key individuals, previously part of the Promoter Group, have been reclassified to the Public category following shareholder approval via postal ballot.

**The Impact:** This move significantly reduces the Promoter's total shareholding from 1.29 Cr shares (16.40%) to just 0.64 Cr shares (8.19%). Conversely, the Public shareholding has risen from 6.57 Cr shares (83.60%) to 7.21 Cr shares (91.81%). This effectively increases the public float by approximately 0.64 Cr shares (8.21%).

**Why it matters:** A higher public float generally enhances stock liquidity and can attract a wider base of institutional investors. It marks a notable shift in the company's ownership structure.

**Company's Action:** The reclassification was duly approved by shareholders and is now complete.

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