Telogica Ltd — Important, 10-10-2025: Company Update
10-10-2025 | 07:37 pm
10-10-2025 | 07:37 pm
Telogica has applied to the BSE for approval to reclassify 14 individuals from the 'Promoter' category to the 'Public' category. These individuals collectively hold 1,099,281 equity shares, representing 4.60% of the company's total holding. If approved, this move would effectively increase the public float, which could be seen positively by investors as it often enhances liquidity. The company also mentioned that shareholding changes have occurred for some of these individuals, including sales and acquisitions by a third party. Telogica acknowledged a delay in this disclosure, citing an inadvertent oversight and committing to strengthen its compliance framework.
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