Standard Shoe Sole and Mould (India) Ltd — Important, 30-05-2026: Company Update

Standard Shoe Sole and Mould (India) Ltd. shareholders have approved the reclassification of several individuals and entities from the promoter group to the public category. This decision, backed by shareholder vote, means that BG Chemicals Private Limited (0.32% shareholding) and a group of other individuals and entities (totaling 6.55% shareholding) are now considered public shareholders. This move increases the company's public float and diversifies its ownership structure, which can be positive for market liquidity and broad compliance.