Shardul Securities Ltd — Important, 17-08-2026: Company Update

Shardul Securities Limited has informed that it has applied to BSE for the reclassification of Gagan Dinanath Chaturvedi, Shruti Gagan Chaturvedi, Mohini G Chaturvedi, Pradeep Sandeep Corporate Advisors LLP, and Kamvan Construction Private Limited. These individuals and entities, previously part of the 'Promoter and Promoter Group,' are being reclassified to the 'Public' category. This move follows a board approval and signifies a shift in the company's ownership structure. For investors, this typically means an increase in public float, which can lead to enhanced market liquidity and broader ownership.