Shoppers Stop Receives Request for Promoter Group Reclassification to Public Shareholder Category
Shoppers Stop Limited received requests from Sundew Real Estate Private Limited and Pramaan Properties Private Limited on January 15, 2026, seeking reclassification from promoter group to public shareholder category. Both entities currently hold zero shares in the company. The Board of Directors will consider these requests at their meeting on January 20, 2026, following SEBI Listing Regulations compliance requirements.

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Shoppers Stop Limited has received formal requests from two entities in its promoter group seeking reclassification to public shareholder category. The company disclosed this development in a regulatory filing dated January 16, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Entities Seeking Reclassification
The requests were submitted on January 15, 2026, by two promoter group entities that currently hold no shares in the company:
| Entity | Current Shareholding | Percentage |
|---|---|---|
| Sundew Real Estate Private Limited | 0 shares | 0.00% |
| Pramaan Properties Private Limited | 0 shares | 0.00% |
Both entities have formally requested to be reclassified from 'Promoter Group' category to 'Public Shareholder' category in accordance with Regulation 31A of the SEBI Listing Regulations.
Board Consideration Process
The company's Board of Directors will review these reclassification requests at their upcoming meeting scheduled for Tuesday, January 20, 2026. The board will evaluate the requests in compliance with the provisions outlined in Regulation 31A of the SEBI Listing Regulations.
Regulatory Compliance
Shoppers Stop has confirmed that all necessary steps will be undertaken in full compliance with Regulation 31A of the SEBI Listing Regulations. The disclosure follows the mandatory requirements under Regulation 30 read with Regulation 31A, ensuring transparency in promoter group changes.
The information has been made available on the company's corporate website for stakeholder access. This regulatory filing demonstrates the company's commitment to maintaining proper disclosure standards regarding changes in promoter group composition.
Historical Stock Returns for Shoppers Stop
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.15% | +3.04% | -11.22% | -26.22% | -37.16% | +83.37% |












































