Laser Power & Infra submits application for promoter reclassification

0 min read | Published on 22 Sept 2026, 12:31 PM |Updated on 28 Sept 2026, 04:49 PM

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Naman SScanX News Team

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Key Highlights

Laser Power & Infra filed application on September 28, 2026
Reclassification sought for two promoter group entities
Both entities hold zero shares and 0.00% stake
Application follows earlier intimations dated September 22 and 23

*this image is generated using AI for illustrative purposes only.

Laser Power & Infra has formally submitted an application to stock exchanges for the reclassification of two entities from the 'Promoter Group' category to the 'Public Shareholder' category. The filing was made on September 28, 2026.

The application references earlier intimations dated September 22 and September 23, 2026. The request pertains to Chaitak Sales Private Limited and Daimler Industries Private Limited. Both entities currently hold zero shares, representing 0.00% of the shareholding.

Entity	Shares Held	% Shareholding
Chaitak Sales Private Limited	0	0.00%
Daimler Industries Private Limited	0	0.00%

The reclassification is being processed pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that this information will also be made available on its website.

Historical Stock Returns for Laser Power & Infra

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.05%	-3.27%	-10.61%	+21.03%	+21.03%	+21.03%

Will the reclassification of these zero-shareholding entities trigger any regulatory scrutiny regarding past promoter group compliance?

How might this structural cleanup influence Laser Power & Infra's upcoming corporate governance ratings or ESG scores?

Are there plans for further promoter group restructuring or shareholding pattern changes following this reclassification?

Laser Power & Infra

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Laser Power & Infra secures in-principle approval for 40-acre land in West Bengal

1 min read | Published on 24 Sept 2026, 09:15 PM |Updated on 24 Sept 2026, 09:15 PM

Reviewed by

Jubin VScanX News Team

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Key Highlights

Received in-principle approval from WBIDC for ~40 acres of land
Land located at Vidyasagar Industrial Park, Kharagpur, West Bengal
Allotment on long-term lease basis for 99 years
Facility will manufacture integrated power cables and conductors
Project aims to expand capacity and improve supply chain efficiency

*this image is generated using AI for illustrative purposes only.

Laser Power & Infra Ltd has received an in-principle approval for the allotment of approximately 40 acres of land in West Bengal to establish a new manufacturing facility for integrated power cables and conductors.

The provisional Letter of Intent was issued by the West Bengal Industrial Development Corporation Limited (WBIDC), under the Government of West Bengal. The proposed site is located at the Vidyasagar Industrial Park in Kharagpur, West Bengal.

Lease terms and conditions

The land allotment is structured as a long-term lease for a period of 99 years. The company stated that the transaction remains subject to the specific terms and conditions outlined in the LOI issued by WBIDC.

To proceed with the execution of the lease and commencement of the project, Laser Power must complete all necessary formalities and comply with the prescribed conditions mandated by the state industrial development corporation.

Strategic impact

The new facility is expected to strengthen the company's presence in the power infrastructure sector. Key strategic benefits highlighted by the management include:

Expansion of manufacturing capacity
Improvement in supply chain efficiencies
Support for future growth opportunities

This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's website.

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