LTTS Receives No-Objection for Nabha Power Reclassification from Promoters
LTTS received no-objection from BSE and NSE for reclassifying Nabha Power Limited from 'Promoter Group' to 'Public' category. This is in accordance with SEBI regulations. The no-objection letters were issued on September 4, 2026.
The reclassification of a promoter group entity is a regulatory compliance matter and typically has a minimal direct impact on the company's operations, financials, or stock performance.
The announcement is a regulatory filing regarding a reclassification of a promoter group entity, which is a procedural step and does not inherently indicate a positive or negative financial or operational impact on the company itself.
L&T Technology Services Limited (LTTS) has announced the receipt of no-objection letters from BSE Limited and the National Stock Exchange of India Limited (NSE) regarding the application for the reclassification of Nabha Power Limited. This reclassification seeks to move Nabha Power Limited from the 'Promoter Group' category to the 'Public' category, in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The stock exchanges granted their no-objection on September 4, 2026. This development follows previous intimations made by LTTS on June 27, 2026, July 14, 2026, and July 17, 2026, concerning this application.
The company has provided copies of the no-objection letters received from both BSE and NSE for information and records. Prasad Shanbhag, Company Secretary & Compliance Officer, signed the disclosure on behalf of L&T Technology Services Limited.
A plain-language summary of a public exchange filing by L&T Technology Services Limited. Read the original for the full detail.
