Kalyan Capitals Limited has taken a significant step in restructuring its shareholding categories by applying to BSE Limited for the reclassification of eight individuals and entities from the Promoter Group category to the Public category.

Reclassification Details

The proposed reclassification involves a total of 272,098 shares, representing 0.41% of the company's total shareholding. This move aims to adjust the categorization of certain shareholders without altering the overall ownership structure of the company.

Entities Involved

The individuals and entities seeking reclassification include:

Previous Classification

Prior to this application, all eight entities were classified as Persons Acting in Concert under the Promoter Group category. This classification typically implies a group of shareholders who are presumed to be working together in their dealings with the company.

Implications of Reclassification

If approved, this reclassification would move these shareholders from the Promoter Group to the Public category. While the change does not affect the actual number of shares held by these individuals and entities, it may have implications for regulatory reporting and corporate governance structures within Kalyan Capitals Limited.

The reclassification request is subject to approval from BSE Limited and must comply with relevant SEBI regulations governing such changes in shareholder categories.

Investors and market participants will be watching closely for the outcome of this application, as it represents a shift in the company's shareholder classification structure, albeit a minor one in terms of the percentage of shares involved.

Kalyan Capitals Limited, a company listed on the BSE under the scrip code 538778, has announced a significant change in its top management. Abhijeet Sharma, the Chief Financial Officer (CFO) of the company, has tendered his resignation, citing personal reasons.

Key Details of the Resignation

• Effective Date: Sharma's resignation will take effect from the close of business hours on August 31, 2025.
• Reason: The resignation letter, dated August 26, 2025, cites personal reasons for Sharma's departure.
• Key Managerial Personnel Status: With this resignation, Sharma will also cease to be a Key Managerial Personnel under the provisions of Section 203 and other applicable sections of the Companies Act 2013.

Company's Response and Next Steps

Kalyan Capitals Limited has acknowledged Sharma's resignation and is taking steps to ensure a smooth transition:

• The company is actively searching for a new Chief Financial Officer.
• An announcement regarding the appointment of a new CFO will be communicated to the stock exchange in due course.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kalyan Capitals Limited has promptly informed the BSE Limited about this development. The company has also provided detailed disclosures as required under the SEBI regulations.

About Kalyan Capitals Limited

Kalyan Capitals Limited, formerly known as Akashdeep Metal Industries Limited, is headquartered in Ghaziabad, Uttar Pradesh. The company's registered office is located in Delhi. As a listed entity, Kalyan Capitals is committed to maintaining transparency with its stakeholders and adhering to regulatory requirements.

This change in the company's financial leadership comes at a time when businesses are navigating complex economic landscapes. Shareholders and market watchers will likely be keen to see how Kalyan Capitals manages this transition and who will be appointed as the new CFO to guide the company's financial strategy moving forward.