NACL Industries Limited has formally submitted applications to both major stock exchanges for the reclassification of a promoter group entity to public shareholder status. The company informed BSE Limited and National Stock Exchange of India Limited about this corporate action through an official communication dated February 03, 2026.

Reclassification Details

The application pertains to the reclassification of Algavista Greentech Private Limited from the promoter group category to public shareholder category. This move follows the regulatory framework established under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and its subsequent amendments.

Regulatory Process Timeline

The reclassification process has followed a structured timeline with proper regulatory notifications. The company had previously communicated with the stock exchanges through letters dated December 18, 2025 and January 29, 2026, informing them about the receipt of the reclassification request and subsequent board approval.

The formal applications were submitted to both BSE Limited and National Stock Exchange of India Limited on February 02, 2026. This submission represents the next step in the regulatory process for promoter group reclassification.

Corporate Governance Compliance

The reclassification initiative demonstrates the company's commitment to maintaining transparent corporate governance practices. Such reclassifications are typically undertaken to optimize shareholding structures and ensure compliance with evolving regulatory requirements.

The communication was signed by Satish Kumar Subudhi, Senior Vice President Legal & Company Secretary, indicating the formal nature of this corporate action and its importance to the company's governance framework.

NACL Industries Limited has announced the successful relocation of its registered and corporate offices to new premises in Hyderabad, effective January 28, 2026. The move represents a strategic shift in the company's operational infrastructure and has been communicated to stock exchanges in compliance with regulatory requirements.

Office Relocation Details

The company has moved both its registered and corporate offices from their previous location at Plot No.12-A, C-Block, Lakshmi Towers, Nagarjuna Hills, Punjagutta to new addresses within Hyderabad. This relocation follows the company's earlier communication dated December 01, 2025, indicating a planned transition.

Regulatory Compliance

The office relocation has been disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this development through official correspondence dated January 30, 2026.

Stakeholder Communication

NACL Industries Limited has ensured comprehensive communication regarding the office shift, with all stakeholders being informed simultaneously about the relocation. The company maintains its commitment to transparency and regulatory compliance throughout this transition process.

The relocation reflects the company's operational requirements and strategic positioning within Hyderabad's business landscape, ensuring continued accessibility for stakeholders and regulatory authorities.