Prismx Global Ventures Seeks Reclassification of Two Promoters to Public Category

1 min read     Updated on 27 Oct 2025, 01:59 PM
scanx
Reviewed by
Naman SharmaScanX News Team
Overview

Prismx Global Ventures Limited, listed on BSE, has applied to reclassify two promoters, Mr. Dheeraj Shah and Mr. Paresh Shah, from the 'Promoter and Promoter Group' category to 'Public' category. The application was submitted to BSE on October 24, 2025, under SEBI regulations. The company officially communicated this through a regulatory filing on October 27, 2025, signed by director Ravindra Bhaskar Deshmukh.

23099365

*this image is generated using AI for illustrative purposes only.

Prismx Global Ventures Limited , a company listed on the Bombay Stock Exchange (BSE), has initiated the process to reclassify two of its promoters to the public category. This move, announced through a regulatory filing, marks a significant change in the company's shareholding structure.

Key Details of the Reclassification Application

Aspect Details
Promoters Seeking Reclassification Mr. Dheeraj Shah and Mr. Paresh Shah
Current Category Promoter and Promoter Group
Proposed Category Public
Application Date October 24, 2025
Regulatory Framework SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Stock Exchange Notified BSE Limited
BSE Scrip Code 501314

Regulatory Compliance and Process

The company has adhered to the regulatory requirements by submitting an application to BSE Limited on October 24, 2025. This application seeks approval for the reclassification under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Prismx Global Ventures formally communicated this development to BSE through a regulatory filing dated October 27, 2025. The filing, signed by Ravindra Bhaskar Deshmukh, a director of the company, emphasizes the company's commitment to regulatory compliance and transparency.

Implications and Next Steps

The reclassification, if approved by BSE, would alter the promoter shareholding of Prismx Global Ventures Limited. However, the specific reasons for this reclassification request have not been disclosed in the available information.

Investors and market participants may monitor for any further developments or disclosures from the company regarding this reclassification request. The approval process typically involves scrutiny by the stock exchange to ensure compliance with all relevant regulations.

As this process unfolds, stakeholders may expect additional updates from Prismx Global Ventures Limited regarding the status of their application and any potential impact on the company's governance structure.

Historical Stock Returns for Prismx Global Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-4.11%-17.65%-36.94%-52.70%
Prismx Global Ventures
View in Depthredirect
like16
dislike

Prismx Global Ventures Appoints Ms. Monali Bohra as Company Secretary and Compliance Officer

1 min read     Updated on 24 Oct 2025, 02:48 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
Overview

Prismx Global Ventures Limited has appointed Ms. Monali Bohra as the new Company Secretary and Compliance Officer, effective October 24, 2025. The Board of Directors approved this appointment, designating her as a Key Managerial Personnel. Ms. Bohra, a qualified Company Secretary with over 3 years of experience in secretarial compliances, will play a crucial role in ensuring regulatory adherence and maintaining good corporate governance practices. The appointment, recommended by the Nomination and Remuneration Committee, complies with SEBI regulations and has been promptly communicated to the BSE Limited.

22843144

*this image is generated using AI for illustrative purposes only.

Prismx Global Ventures Limited has announced a significant change in its corporate structure with the appointment of Ms. Monali Bohra as the new Company Secretary and Compliance Officer. This decision, approved by the company's Board of Directors, marks an important step in strengthening the company's governance framework.

Key Appointment Details

Aspect Details
Appointee Ms. Monali Bohra
Position Company Secretary and Compliance Officer
Effective Date October 24, 2025
Additional Designation Key Managerial Personnel
Experience Over 3 years in secretarial compliances
Qualification Qualified Company Secretary

Appointment Process and Timing

The appointment of Ms. Bohra came after careful consideration and recommendation by the Nomination and Remuneration Committee. The Board of Directors convened on October 24, 2025, from 12:30 PM to 1:20 PM, where they approved this significant appointment.

Significance of the Role

As the Company Secretary and Compliance Officer, Ms. Bohra will play a crucial role in ensuring Prismx Global Ventures Limited adheres to regulatory requirements and maintains good corporate governance practices. Her designation as a Key Managerial Personnel underscores the importance of her position within the company's leadership structure.

Compliance with Regulatory Requirements

This appointment and its announcement comply with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company promptly informed the BSE Limited about this development, demonstrating its commitment to transparency and regulatory compliance.

Conclusion

The appointment of Ms. Monali Bohra as Company Secretary and Compliance Officer represents Prismx Global Ventures Limited's ongoing efforts to strengthen its corporate governance. With her experience and qualifications, Ms. Bohra is well-positioned to contribute to the company's compliance and secretarial functions, potentially enhancing its operational efficiency and regulatory adherence.

Historical Stock Returns for Prismx Global Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-4.11%-17.65%-36.94%-52.70%
Prismx Global Ventures
View in Depthredirect
like19
dislike
More News on Prismx Global Ventures
Explore Other Articles