IEL Ltd — Important, 13-01-2026: Company Update

IEL Limited has received requests from three individuals, Ronit Champaklal Shah, Kalpanaben Champaklal Shah, and Romit Champaklal Shah, currently categorized under the 'Promoter and Promoter Group'. They seek to be reclassified to the 'Public' category. These individuals hold NIL equity shares and state they are no longer involved in the company's operations, management, or key decisions. They also confirm they will not hold significant voting rights or special powers post-reclassification. The company's Board of Directors will now consider these requests. This move, if approved, alters the ownership classification.