Shri Gang Industries & Allied Products Ltd — Important, 14-04-2026: Company Update

Shri Gang Industries has received requests from Mr. Ajay Gupta, Mr. Shailesh Gupta, Mr. Siddharth Gupta, and Mr. Ramesh Gupta to reclassify their shareholding from the 'Promoter and Promoter Group' category to the 'Public' category. The company's Board of Directors will review these requests in their upcoming meeting. If approved by the board, the company will proceed to obtain necessary approvals for this reclassification. This move could potentially shift a portion of the company's ownership structure from promoter-held to public-held shares, which can be significant for market perception and shareholding dynamics.