Quick Heal Technologies Submits Application for Promoter Group Reclassification

2 min read     Updated on 30 Jan 2026, 05:22 PM
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Shriram SScanX News Team
Overview

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 Day5 Days1 Month6 Months1 Year5 Years
-0.67%-2.05%-16.75%-33.89%-51.39%+19.05%
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Quick Heal Technologies Allots 153 Equity Shares Under ESOP Scheme 2021

1 min read     Updated on 30 Jan 2026, 11:44 AM
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Overview

Quick Heal Technologies Limited allotted 153 equity shares under ESOP Scheme 2021 on January 30, 2026, at an exercise price of ₹119 per share with ₹109 premium. The allotment increased the company's total issued share capital to ₹54,21,50,750, comprising 5,42,15,075 equity shares of ₹10 each. The shares will be credited under permanent ISIN INE306L01010 upon final trading approval.

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Quick Heal Technologies Limited has completed the allotment of 153 equity shares under its Employee Stock Option Plan (ESOP) Scheme 2021. The company filed the mandatory notification with BSE Limited and National Stock Exchange of India Limited on January 30, 2026, in compliance with SEBI regulations.

Share Allotment Details

The ESOP exercise was completed on January 30, 2026, with specific parameters outlined in the regulatory filing:

Parameter: Details
Number of Shares Issued: 153 equity shares
Exercise Price per Share: ₹119
Premium per Share: ₹109
Par Value: ₹10 each
Distinctive Numbers: 7,22,17,837 to 7,22,17,989
Temporary ISIN: IN8306L01019

Updated Share Capital Structure

Following the allotment of 153 shares under the ESOP Scheme 2021, Quick Heal Technologies' capital structure has been updated:

Metric: Post-Allotment Status
Total Issued Shares: 5,42,15,075 equity shares
Total Issued Share Capital: ₹54,21,50,750
Share Denomination: ₹10 per equity share

Regulatory Compliance

The share allotment was conducted under the company's ESOP Scheme 2021, following the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The newly issued shares are identical in all respects to the existing equity shares of the company.

The shares will be credited to the company's permanent ISIN INE306L01010 upon receipt of final trading approval from the stock exchanges. No lock-in period applies to these shares, and no additional listing fees are payable for this allotment.

Company Information

Quick Heal Technologies Limited is headquartered at Solitaire Business Hub, 7010 C & D, 7th Floor, Opposite Neco Garden Society, Viman Nagar, Pune – 411014. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited under the symbol QUICKHEAL.

Historical Stock Returns for Quick Heal Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.67%-2.05%-16.75%-33.89%-51.39%+19.05%
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1 Year Returns:-51.39%