Ishaan Infrastructures and Shelters Limited has received a request from Pradip Bachubhai Shah to reclassify his status from the promoter to the public category. The request, dated July 10, 2026, was submitted in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shah confirmed that he does not hold any shares in the company, meaning the reclassification will not impact the overall shareholding of the promoter and promoter group.

In his letter to the Board of Directors, Shah certified that he does not exercise control over the affairs of the company, directly or indirectly. He stated he holds no special rights through shareholder agreements, does not represent the board, and is not a Key Managerial Person. Furthermore, he confirmed he is not a wilful defaulter as per Reserve Bank of India guidelines, nor a fugitive economic offender.

Shah affirmed that he is not privy to any price-sensitive information and does not wish to participate in the company's affairs. He certified that there is no pending regulatory action against him. The request includes an undertaking to comply with specific conditions of Regulation 31A(3) of the SEBI LODR Regulations for a period of not less than three years from the date of reclassification.

The company stated that the request will be placed before the Board of Directors at its forthcoming meeting for consideration. Ishaan Infrastructures and Shelters Limited will undertake all necessary steps and approvals required under the regulations. Anand Kumar Jain, Additional Director and CFO, signed the intimation sent to the Bombay Stock Exchange on July 10, 2026.

Key Disclosures by Pradip Bachubhai Shah

ishaan infrastructure & shelters appointed Mr. Prakash Chand Bokaria as an Additional Director designated as Executive Director on June 12, 2026. The Board approved the appointment based on the recommendations of the Nomination and Remuneration Committee. Mr. Bokaria brings diverse expertise and strategic outlook expected to contribute to the company's sustainable growth and effective governance.

The appointment was disclosed to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting was held at the company's registered office in Ahmedabad, commencing at 03:30 P.M. and concluding at 04:00 P.M.

Mr. Prakash Chand Bokaria (DIN: 00432792) is not related to any of the existing directors of the company. The filing confirmed that he is not debarred from holding the office of Director by virtue of any SEBI order or any other authority.

Appointment Details