Suyog Gurbaxani Funicular Ropeways Ltd — Important, 05-02-2026: Company Update

The company has received a request from Mr. Somnath Gurushantappa Lature, a promoter, to reclassify his shareholding from "Promoter and Promoter Group" to "Public" category. Mr. Lature holds 71,250 equity shares, representing 0.29% of the total paid-up share capital. The Board of Directors will review this request in their upcoming meeting and will announce their decision. This potential reclassification would slightly adjust the company's ownership structure by moving a minor promoter stake to the public category.