Kartik Investments Trust Ltd — Important, 23-09-2025: Company Update
23-09-2025 | 11:08 pm
23-09-2025 | 11:08 pm
Kartik Investments Trust Limited received a request from Yanmar Coromandel Agrisolutions Private Limited (YCAS) to be reclassified from the 'Promoter Group' to the 'Public' category. This change stems from a shift in YCAS's own ownership, where Coromandel International Limited's stake in YCAS dropped from 40% to 10.60% following a Rs. 149.72 Crore fund infusion by Yanmar Asia (Singapore). As YCAS no longer meets the promoter group criteria, it seeks reclassification. YCAS currently holds no shares in Kartik Investments Trust Limited. The company will now present this request to its Board for necessary approvals.
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