Inditrade Capital Submits Official Application for Promoter Reclassification to BSE
Inditrade Capital Limited has formally submitted its reclassification application to BSE Limited on March 12, 2026, seeking to reclassify A T Invofin India Private Limited from promoter category to public shareholder status. The application, approved by the board on February 13, 2026, involves 99,443 equity shares representing 0.43% shareholding and will reduce total promoter holdings from 6.42% to 6.02%.
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Inditrade Capital Limited has officially submitted its application to BSE Limited on March 12, 2026, seeking reclassification of A T Invofin India Private Limited from promoter category to public shareholder status under SEBI Regulation 31A. The comprehensive application includes all required compliance documents and regulatory undertakings.
Board Approval and Regulatory Compliance
The Board of Directors of Inditrade Capital Limited approved the reclassification request during their meeting held on February 13, 2026. The application pertains to A T Invofin India Private Limited, which submitted its reclassification request to the company on December 5, 2025.
The reclassification is being undertaken in accordance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all procedural requirements, including payment of processing fees amounting to ₹59,000 (including GST) to the exchange.
Shareholding Details and Impact
The reclassification involves A T Invofin India Private Limited, which currently holds a modest stake in the company:
| Parameter: | Details |
|---|---|
| Entity Name: | A T Invofin India Private Limited |
| Current Category: | Promoter |
| Shares Held: | 99,443 equity shares |
| Shareholding Percentage: | 0.43% |
| Proposed Category: | Public Shareholder |
Official Application Submission
The formal application dated March 12, 2026, was submitted through BSE Listing Centre under the company's security code 532745. Director Jhuma Guha (DIN: 00007454) has signed the official communication on behalf of Inditrade Capital Limited, confirming the board's approval and submission of the reclassification application.
Pre and Post-Reclassification Structure
The reclassification will result in updated shareholding percentages for the promoter group:
Current Promoter Holdings:
| Promoter Name: | Shares Held | Percentage |
|---|---|---|
| A T Invofin India Private Limited: | 99,443 | 0.43% |
| Sudip Bandyopadhyay: | 50,000 | 0.21% |
| Juno Moneta Technologies Private Limited: | 13,49,316 | 5.78% |
| Total: | 14,98,759 | 6.42% |
Post-Reclassification Promoter Holdings:
| Promoter Name: | Shares Held | Percentage |
|---|---|---|
| Sudip Bandyopadhyay: | 50,000 | 0.22% |
| Juno Moneta Technologies Private Limited: | 13,49,316 | 5.80% |
| Total: | 13,99,316 | 6.02% |
Timeline and Regulatory Process
The reclassification process follows a structured timeline:
| Event: | Date |
|---|---|
| Promoter Application Received: | December 5, 2025 |
| Exchange Intimation: | December 6, 2025 |
| Board Meeting Approval: | February 13, 2026 |
| Board Minutes Submission: | February 17, 2026 |
| Official Application Submission: | March 12, 2026 |
This corporate action reflects the company's commitment to maintaining transparent governance structures while optimizing its shareholding pattern in accordance with regulatory frameworks.
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