Quick Heal Technologies Submits Application for Promoter Group Reclassification
Quick Heal Technologies has formally submitted applications to BSE and NSE seeking approval for reclassification of Gagan Bharari Enterprises LLP from promoter group to public category. The LLP currently holds zero equity shares and has no control over company affairs, making it eligible for reclassification under SEBI regulations.

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Quick Heal Technologies Limited has formally submitted applications to BSE Limited and National Stock Exchange of India Limited on February 3, 2026, seeking approval for the reclassification of Gagan Bharari Enterprises LLP from 'Promoter and Promoter Group' category to 'Public' category. This follows the board's earlier approval of the reclassification during their meeting held on January 29, 2026.
Formal Application Submission
The company's Compliance Officer, Vikram Dhanani, communicated the application submission through official intimation letters to both stock exchanges. The application was made under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Parameter: | Details |
|---|---|
| Application Date: | February 3, 2026 |
| Reference Number: | QHTL/Sec/SE/2025-26/79 |
| BSE Security Code: | 539678 |
| NSE Symbol: | QUICKHEAL |
| Current Shareholding: | NIL |
| Shareholding Percentage: | NIL |
Background of the Reclassification
Gagan Bharari Enterprises LLP was originally incorporated by Mr. Kailash Katkar and Mrs. Anupama Katkar, who are promoters of Quick Heal Technologies Limited. The LLP was consequently included under the promoter group category in the shareholding pattern filed with stock exchanges. However, the LLP has since been transferred by the promoters to a third party designated partner and no longer maintains any association with the company's promoters.
Regulatory Compliance Framework
The reclassification request complies with all conditions specified under SEBI regulations. Gagan Bharari Enterprises LLP currently holds zero equity shares in the company and exercises no control over company affairs, directly or indirectly.
| Compliance Aspect: | Status |
|---|---|
| Equity Shares Held: | Zero |
| Voting Rights: | None |
| Board Representation: | No directors or nominees |
| Control over Company: | No direct or indirect control |
| Special Rights: | None through formal arrangements |
| Minimum Public Shareholding: | Will remain compliant post-reclassification |
Authorization and Implementation
The Board of Directors had previously authorized the Chief Financial Officer, Company Secretary, and Compliance Officer to jointly or severally submit applications for reclassification to both stock exchanges. Since Gagan Bharari Enterprises LLP does not hold more than one percent of total voting rights in the company, the reclassification does not require shareholder approval under current regulations.
The formal submission represents the next step in the corporate governance process to accurately reflect the current ownership structure and relationships within the company's shareholding pattern. The company now awaits approval from both BSE Limited and National Stock Exchange of India Limited to complete the reclassification process.
Historical Stock Returns for Quick Heal Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.67% | -2.05% | -16.75% | -33.89% | -51.39% | +19.05% |


































