Thirani Projects Limited, a company listed on the Bombay Stock Exchange (BSE), has initiated a significant corporate action. The company has submitted an application to BSE for the reclassification of APANAPAN DISTRIBUTORS LLP from the promoter category to the public category shareholder.

Key Details of the Application

• Application Date: October 15, 2025
• Regulatory Framework: Regulation 31A of SEBI LODR Regulations
• Entity Seeking Reclassification: APANAPAN DISTRIBUTORS LLP
• Current Shareholding: Zero shares

Reclassification Request

Thirani Projects Limited has formally requested the BSE to reclassify APANAPAN DISTRIBUTORS LLP from its current status as a promoter group shareholder to the public shareholder category. This move is significant as it potentially alters the ownership structure and control dynamics of the company.

Implications of Reclassification

The reclassification, if approved, would result in:

1. A change in the promoter group composition of Thirani Projects Limited
2. Potential implications for the company's shareholding pattern
3. Possible effects on investor perception and market dynamics

Regulatory Compliance

The application has been made in compliance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation governs the reclassification of promoters as public shareholders.

Current Shareholding Status

It's noteworthy that APANAPAN DISTRIBUTORS LLP currently holds no shares in Thirani Projects Limited, as confirmed in the company's official communication to the BSE.

Investors and market participants are advised to monitor further developments regarding this reclassification request, as it may have implications for the company's ownership structure and governance.

Thirani Projects Limited has announced a significant change in its shareholder structure following a board meeting held on October 11, 2025. The company's Board of Directors has approved the reclassification of M/s. Apanapan Distributors LLP from Promoter Shareholder to Public Shareholder status.

Key Details of the Reclassification

• Request Date: October 8, 2025
• Board Approval Date: October 11, 2025
• Regulatory Framework: Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Conditions and Commitments

The board's decision comes with several conditions and commitments from Apanapan Distributors LLP:

Company Compliance and Assurances

Thirani Projects Limited has confirmed its compliance with regulatory requirements:

• The company will maintain the minimum public shareholding as required under Regulation 38 of SEBI LODR Regulations.
• There are no outstanding dues to SEBI, stock exchanges, or depositories.
• Trading in the company's shares has not been suspended by stock exchanges.

Next Steps

The reclassification is subject to requisite approvals from stock exchanges. The company has authorized its directors, Chief Financial Officer, and Company Secretary to take necessary actions, including making applications and submitting required documents to regulatory authorities.

This corporate action reflects Thirani Projects Limited's commitment to transparent governance and adherence to regulatory standards. Shareholders and potential investors should note that this reclassification may impact the company's shareholding pattern but does not affect its business operations or management structure.

Investors are advised to consider this information in their investment decisions and to monitor further announcements from the company regarding the final approval of this reclassification by the stock exchanges.