Laser Power & Infra receives re-classification requests from Promoter Group entities
Laser Power & Infra Limited received requests from Chaitak Sales Private Limited and Daimler Industries Private Limited to be re-classified from Promoter Group to Public category. This move is subject to Board approval and compliance with SEBI regulations.
The announcement pertains to a procedural request for re-classification of promoter group entities and is subject to board approval. It does not immediately impact the company's operations or financial performance.
The announcement is a routine regulatory disclosure regarding requests for re-classification of certain entities. It does not contain any immediate positive or negative financial or business impact.
Laser Power & Infra Limited has announced that it has received requests from two entities, Chaitak Sales Private Limited and Daimler Industries Private Limited, to re-classify them from the 'Promoter Group' category to the 'Public' category.
These requests, dated 21 September 2026, are in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that the re-classification is subject to the consideration and approval of the Board of Directors. Necessary steps will be taken by the company to comply with the SEBI regulations.
This disclosure is made in compliance with Regulation 31A(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information is also available on the company's website.
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Laser Power & Infra Limited filed this with the NSE as a statutory disclosure, categorised under substantial acquisition of shares and takeovers. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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