SRF Seeks Reclassification of SMK Wellness from Promoter Group to Public Category

1 min read     Updated on 28 Jul 2025, 08:22 PM
scanxBy ScanX News Team
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Overview

SRF Limited has applied to BSE and NSE for the reclassification of SMK Wellness Private Limited from 'Promoter Group' to 'Public' shareholder category. SMK Wellness currently holds no equity shares in SRF. This move complies with SEBI regulations and could impact SRF's shareholding structure and market perception.

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

SRF Limited , a leading chemical manufacturing company, has taken a significant step in restructuring its shareholding classification. The company has applied for the reclassification of SMK Wellness Private Limited from promoter group status to public category, as per a recent corporate announcement.

Application for Reclassification

SRF has submitted applications to both the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) for the reclassification of SMK Wellness Private Limited from the 'Promoter Group' category to the 'Public' shareholder category.

Current Shareholding Status

The filing reveals that SMK Wellness Private Limited, despite being classified under the Promoter Group, currently holds no equity shares in SRF Limited. The document states:

Name of Outgoing Promoter Category Number of Equity Shares held % of Shareholding
SMK Wellness Private Limited Promoter Group NIL NIL

Regulatory Compliance

This move is in compliance with Regulation 31A of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, and its subsequent amendments. The reclassification, if approved, will alter the company's shareholding structure and potentially impact how SMK Wellness Private Limited's relationship with SRF is perceived by the market.

Implications of the Reclassification

While the reclassification does not involve any change in actual shareholding, it represents a significant change in the formal categorization of SMK Wellness Private Limited in relation to SRF. This could have implications for regulatory reporting, corporate governance structures, and market perceptions of SRF's ownership and control.

The company has stated that this information has been shared for the records of the stock exchanges. As the application undergoes review by the BSE and NSE, stakeholders will be keenly watching for the outcome and any potential impact on SRF's corporate structure and market positioning.

SRF Limited, known for its diverse portfolio in chemical manufacturing, continues to adapt its corporate structure in line with regulatory requirements and business needs. The outcome of this reclassification application will be of interest to investors and market analysts alike.

Historical Stock Returns for SRF

1 Day5 Days1 Month6 Months1 Year5 Years
-1.83%-1.83%-6.71%+5.63%+13.73%+289.37%

SRF Among 12 Companies Declaring Dividends: Ex-Dividend Date Set, Seeks Reclassification of SMK Wellness

1 min read     Updated on 28 Jul 2025, 10:27 AM
scanxBy ScanX News Team
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Overview

SRF Limited declares an interim dividend of Rs 4.00 per share, along with 11 other companies announcing their dividend details. Notable declarations include Apar Industries (Rs 51.00), Alembic Pharmaceuticals (Rs 11.00), Bosch Ltd (Rs 512.00), and Punjab & Sind Bank (Rs 0.07). Investors must purchase shares before the record date to be eligible for dividends under India's T+1 settlement cycle. Separately, SRF has applied for reclassification of SMK Wellness from Promoter Group to Public shareholder category.

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

SRF Limited , along with eleven other companies, has announced important dates for dividend distribution, capturing the attention of investors in the Indian stock market. This development comes as part of a broader announcement involving several key players across various sectors.

Dividend Details

SRF Limited, a diversified chemical company, has declared an interim dividend of Rs 4.00 per share. This announcement places SRF among a group of companies that have recently set their ex-dividend and record dates, marking a crucial period for investors looking to qualify for dividend payments.

Other Notable Dividend Declarations

While SRF's dividend announcement is significant, it's part of a larger group of companies making similar declarations:

Company Dividend Amount (Rs)
Apar Industries 51.00
Alembic Pharmaceuticals 11.00
Bosch Ltd 512.00
Punjab & Sind Bank 0.07

Importance of Dates for Investors

The announcement of ex-dividend and record dates is crucial for investors aiming to benefit from these dividend payments. Under India's T+1 settlement cycle, investors must be aware of these key points:

  • Shares must be purchased before the record date to be eligible for dividend payments
  • Purchases made on the record date itself will not qualify for the dividend

This timing is critical for investors planning their trading strategies around dividend payments.

Investor Considerations

For those interested in SRF and the other companies mentioned, it's important to note that the last trading session to purchase shares and qualify for dividends is approaching. Investors should carefully consider their investment decisions in light of these announced dividends and the associated dates.

The diverse range of companies declaring dividends, from chemical manufacturers like SRF to pharmaceutical companies and banks, offers investors a variety of options across different sectors of the Indian economy.

SRF Seeks Reclassification of SMK Wellness

In a separate development, SRF Limited has applied to BSE and NSE for reclassification of SMK Wellness Private Limited from Promoter Group to Public shareholder category. SMK Wellness currently holds no equity shares in SRF Limited, with zero shareholding percentage. The application was submitted on July 28, 2025, under regulation 31A of SEBI LODR Regulations. This reclassification affects the company's shareholding structure by moving a non-shareholding entity from promoter group status to public category.

As always, investors are advised to conduct thorough research and consider their individual financial goals and risk tolerance before making investment decisions based on dividend announcements and corporate restructuring news.

Historical Stock Returns for SRF

1 Day5 Days1 Month6 Months1 Year5 Years
-1.83%-1.83%-6.71%+5.63%+13.73%+289.37%
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