Skyline Millars Ltd — Important, 25-09-2025: Company Update

Skyline Millars Limited's promoter, Dave Builders Private Limited, has undergone a demerger. Consequently, its 57,20,910 equity shares in SML are now held by three new promoter entities: Dave Star Private Limited (28,60,455 shares), Dave Skyline Private Limited (14,30,228 shares), and Dave Symphony Private Limited (14,30,227 shares). This restructuring, sanctioned by an NCLT Scheme of Arrangement, aims to enhance operational focus and administrative efficiency within the promoter group, ensuring continued business growth and better asset management.