OK Play India Limited has applied to BSE Limited for the reclassification of three shareholders from the 'Promoter/Promoter Group' category to the 'Public' category, a move that will alter the company's shareholding structure. The application, submitted on June 4, 2026, seeks no objection from the stock exchange for the reclassification of 942,500 shares, representing 0.26% of the total equity. The shareholders seeking this change include Rajesh Chopra, Rajesh Chopra HUF, and Sangeeta Chopra.

The Board of Directors of OK Play India Limited had approved the request from these individuals during a meeting held on May 30, 2026. This approval was granted subject to necessary approvals from stock exchanges and other regulatory bodies. The process is being conducted in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholder Details

The reclassification specifically targets the shareholding of three entities associated with the promoter group. The total number of shares involved in this transition is 942,500, which accounts for 0.26% of the company's paid-up share capital.

The company confirmed that it will disclose material developments regarding this application as required by statutory regulations. The reclassification will reduce the promoter group's holding by 0.26% once the exchange grants its approval.

Ok Play India Limited disclosed that Promoter Director Rajan Handa has pledged 60 lakh shares, increasing his total encumbered holding to 21.20% of the company's share capital. The shares were pledged on June 4, 2026, in favor of KRChoksey Financial Services Private Limited to meet margin requirements. This disclosure was submitted to the stock exchanges on June 5, 2026, under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this transaction, Rajan Handa held 8.58 crore shares, representing 23.66% of the total share capital, of which 7.09 crore shares (19.55%) were already encumbered. The creation of this new pledge for 6 million shares (1.65%) brings his total encumbered holding to 7.69 crore shares. The filing also details the shareholding and pledge status of other promoters, including Mamta Handa, Anandana Handa, Rishab Handa, and Raghav Handa, though no new encumbrances were reported for them.

The following table outlines the shareholding and encumbrance details for the promoters as of the reporting date:

The company confirmed that the disclosure was received from Mr. Rajan Handa and submitted to the exchanges for record purposes. Yaspal Singh, Company Secretary, signed the filing on behalf of Ok Play India Limited.