India Home Loan Limited Receives Promoter Reclassification Request
Anant Arun Bhalotia, a promoter shareholder of India Home Loans, has requested reclassification from 'Promoter Shareholder' to 'Public Shareholder'. Bhalotia holds no equity shares, has no control over company affairs, and no special rights or board representation. The request cites compliance with SEBI regulations. The Board of Directors will consider this request in an upcoming meeting.

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India Home Loans has recently received a formal request from promoter shareholder Anant Arun Bhalotia to reclassify his status from 'Promoter Shareholder' to 'Public Shareholder'. This development comes as part of the company's ongoing corporate governance processes and adherence to SEBI regulations.
Key Details of the Reclassification Request
Mr. Bhalotia's request, dated October 18, 2025, cites several reasons for seeking reclassification:
| Aspect | Details |
|---|---|
| Current Shareholding | No equity shares held in the company |
| Control over Company Affairs | No direct or indirect control |
| Special Rights | No special rights or informal arrangements |
| Board Representation | No representation or nominee director |
| Managerial Position | Not a key managerial personnel |
| Financial Status | Not a willful defaulter as per RBI guidelines |
| Legal Status | Not a fugitive economic offender |
Rationale and Compliance
Mr. Bhalotia emphasized that he has no role in the company's affairs and no pecuniary interest in India Home Loans. He has also committed to complying with the conditions set forth in Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which govern such reclassification requests.
Next Steps
The Board of Directors of India Home Loans is scheduled to consider this reclassification request in their upcoming board meeting. The company has duly informed the BSE Limited about this development, in line with regulatory requirements.
Implications
This reclassification, if approved, could potentially alter the company's shareholding structure and promoter group composition. However, given Mr. Bhalotia's current non-involvement and zero shareholding, the practical impact on the company's operations is likely to be minimal.
Investors and stakeholders of India Home Loans should note that this process is part of normal corporate governance procedures and does not necessarily indicate any significant change in the company's strategic direction or operational management.
The company will provide further updates on this matter following the board's decision, as required by SEBI regulations.
Historical Stock Returns for India Home Loans
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -2.27% | +2.30% | +5.18% | +6.98% | -10.14% |





























