Abhishek Infraventures Limited has received requests from three of its promoters to be reclassified from the 'promoter' category to the 'public' category. This move, if approved, could potentially alter the company's shareholding structure and governance dynamics.

Reclassification Requests

The company has disclosed that the following promoters have applied for reclassification:

In total, these three promoters hold 3,200 equity shares, representing 0.06% of the company's equity share capital.

Reasons for Reclassification

The promoters seeking reclassification have cited several reasons for their request:

1. No involvement in company management
2. Lack of control over company affairs
3. No representation on the board of directors
4. Absence of key managerial positions within the company

Regulatory Compliance

In accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, each applicant has provided undertakings stating that they:

• Do not hold more than 10% of the total voting rights
• Do not exercise control over the company's affairs
• Have no special rights through formal or informal arrangements
• Are not represented on the board of directors
• Do not act as key managerial personnel

Next Steps

Abhishek Infraventures has stated that it will take necessary steps to comply with SEBI regulations regarding this reclassification request. The company's board of directors will likely review these applications and make a decision in due course.

Implications

If approved, this reclassification could potentially impact the company's promoter holding and public float. However, given the small percentage of shares involved (0.06% in total), the immediate impact on the company's ownership structure is likely to be minimal.

Investors and market participants will be watching closely to see how this development unfolds and whether it signals any broader changes in the company's ownership or management structure.

Abhishek Infraventures Limited, a company listed on the BSE and Metropolitan Stock Exchange of India, has announced the appointment of Mr. Sachin as an Additional Director in the Independent category. The decision was made during a board meeting held on September 4, 2025, at the company's registered office in Hyderabad, Telangana.

Key Details of the Appointment

• Effective Date: September 4, 2025
• Term: Five years, subject to shareholder approval
• Position: Additional Director (Independent Category)

About Mr. Sachin

Mr. Sachin brings a blend of academic background and industry experience to his new role:

• Education: B.Com graduate with specialization in Statistics
• Professional Experience: 4 years in the retail industry
• Key Skills:
  • Sales analysis
  • Inventory management
  • Applying statistical insights for business performance improvement

Additional Information

• Mr. Sachin currently holds no shares in Abhishek Infraventures Limited.
• He has no relationships with other directors of the company.
• The appointment is subject to approval by shareholders at the upcoming General Meeting.

Company Compliance

Abhishek Infraventures Limited has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has affirmed that Mr. Sachin is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

The board meeting, which commenced at 3:30 p.m., concluded at 4:00 p.m. on the same day. This strategic appointment aligns with the company's commitment to maintaining strong corporate governance and bringing diverse expertise to its leadership team.