Epuja Spiritech Limited received a no-objection letter from BSE for the reclassification of two entities from the Promoter/Promoter Group category to the Public category. The approval, granted under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was issued on September 25, 2026.

Entities reclassified

The exchange approved the request initiated by the company in March 2026. The following entities are now reclassified as public shareholders:

Regulatory compliance

The company confirmed it will ensure compliance with all applicable provisions and disclosure requirements specified under Regulation 31A. The BSE letter, bearing reference LIST/COMP/SJ/222/2026-27, was addressed to the Company Secretary and Compliance Officer. This action aligns with the company's earlier application dated March 28, 2026.

Epuja Spiritech has received in-principle approval from the Bombay Stock Exchange to implement an employee stock option scheme. The exchange sanctioned the issuance of up to 3,00,00,000 equity shares with a face value of Re.1 each.

The approval pertains to the "Epuja Spiritech Employee Stock Option Scheme 2026". The shares are designated exclusively for permanent employees of the company. This move aligns with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Scheme Details

The company filed the application under Regulation 30 of the SEBI (LODR) Regulations, 2015. The BSE granted the in-principle approval on September 21, 2026, subject to specific conditions. The company must notify the exchange after allotting the shares and crediting them to beneficiary accounts or dispatching share certificates.

Regulatory Conditions

The exchange outlined several mandatory compliances for the final listing of these shares:

• Payment of prescribed fees to the exchange.
• Receipt of statutory approvals from authorities including SEBI, RBI, and MCA.
• Adherence to all guidelines issued by the exchange and statutory bodies.
• Compliance with the Listing Agreement as on the date of listing.
• Adherence to the Companies Act, 2013, and other applicable laws.

The exchange reserved the right to withdraw the in-principle approval if submitted information is found incomplete, incorrect, or misleading. Trading permission will be issued only after the company provides notification under Regulation 10(c) of the relevant SEBI regulations.