Ok Play promoters seek reclassification to public category
Ok Play India Limited disclosed requests from Rajesh Chopra, Rajesh Chopra HUF, and Sangeeta Chopra to reclassify their status from promoter group to public. The total shareholding involved is 9,42,500 equity shares. The company confirmed it will proceed with the necessary steps in compliance with SEBI regulations.

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Ok Play India Limited has received requests from three members of its promoter group to reclassify their shareholding from the 'Promoter and Promoter Group' category to the 'Public' category. The intimation, dated May 22, 2026, was addressed to BSE Limited and disclosed pursuant to Regulation 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The requests were submitted by Rajesh Chopra, Rajesh Chopra HUF, and Sangeeta Chopra. In their letters to the Board of Directors, the shareholders stated they are not directly or indirectly associated with the business of the company and do not influence business or policy decisions. They further certified that they do not exercise control over the company's affairs or hold special rights.
Shareholding Details
The following table outlines the shareholding of the requesting members as on the date of the request:
| Name of the Promoter/ Promoter Group | Shareholding |
|---|---|
| Rajesh Chopra | 121500 |
| Rajesh Chopra HUF | 77000 |
| Sangeeta Chopra | 744000 |
Compliance and Conditions
The shareholders confirmed that they, along with related persons, do not hold more than 10% of the total voting rights in the company. They also certified that they are not willful defaulters or fugitive economic offenders, and there is no pending regulatory action against them. The requestors agreed to comply with the conditions of Regulation 31A(3) of the SEBI LODR Regulations for a period of not less than three years from the date of reclassification.
Ok Play India Limited stated that the necessary steps will be undertaken to process the reclassification in compliance with the applicable regulations. The intimation was made in compliance with Regulation 31A(8) of the Listing Regulations.
Historical Stock Returns for Ok Play
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.85% | +1.93% | -19.46% | -31.11% | -51.13% | +108.77% |
How might the reclassification of these promoter group members to public shareholders affect Ok Play India Limited's overall promoter holding percentage and its implications for corporate governance?
Could this reclassification signal a broader strategic shift or potential change in control at Ok Play India Limited, and what impact might it have on investor sentiment?
How will the reduction in promoter shareholding influence Ok Play India Limited's stock liquidity and free float in the market going forward?































