Edvenswa Enterprises Board Approves Promoter Y. Ramesh Reddy's Reclassification Request
Edvenswa Enterprises' Board of Directors has approved a request from promoter Y. Ramesh Reddy to reclassify his 6.49% shareholding (18,96,000 shares) from 'Promoter' to 'Public' category. The decision was made during a board meeting on September 25, 2025, following a request received on September 15, 2025. The reclassification is being carried out under SEBI Regulation 31A and is subject to necessary approvals.

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Edvenswa Enterprises has announced a significant change in its shareholding structure following a board meeting held on September 25, 2025. The company's Board of Directors has approved a request from promoter Y. Ramesh Reddy to reclassify his shareholding from the 'Promoter' category to the 'Public' category.
Key Details of the Reclassification
- Request Date: The reclassification request was received by the company on September 15, 2025.
- Board Approval: The board meeting to consider and approve the request was held on September 25, 2025.
- Shareholding Details: Y. Ramesh Reddy currently holds 18,96,000 shares, representing 6.49% of the company's total shareholding.
- Regulatory Compliance: The reclassification is being carried out under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Board Meeting Specifics
- Date and Time: The board meeting took place on September 25, 2025, from 4:30 p.m. to 6:00 p.m.
- Agenda: The primary agenda was to review and approve the reclassification request from the promoter.
Implications and Next Steps
This reclassification, once approved by the relevant authorities, will result in Y. Ramesh Reddy's shareholding being moved from the 'Promoter' category to the 'Public' category. This change could potentially impact the company's promoter holding structure and public float.
Edvenswa Enterprises, with its registered office in Hyderabad, operates under CIN: L62099TS1980PLC176617.
Investors and stakeholders should note that this reclassification is subject to necessary approvals and compliance with SEBI regulations. The company has duly informed the BSE Limited about this development as part of its regulatory obligations.
As the reclassification process moves forward, market participants will likely keep a close eye on any potential changes in the company's ownership structure and its implications for corporate governance and decision-making processes.
Historical Stock Returns for Edvenswa Enterprises
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.68% | -5.83% | -7.39% | -8.44% | -43.17% | +415.36% |