Prismx Global Ventures Seeks Reclassification of Two Promoters to Public Category
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.

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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -4.11% | -17.65% | -36.94% | -52.70% |































