VCU Data Management Limited , a company listed on the BSE, has announced a significant change in its shareholding structure. The company's members have approved the reclassification of two individuals, Mr. Sanjay Vardhan and Mr. Shripal Bafna, from the Promoter and Promoter Group category to the Public category.

Key Details of the Reclassification

• Approval Method: The reclassification was approved through a postal ballot voting process.
• Effective Date: The resolutions are deemed effective from November 14, 2025.
• Regulatory Compliance: The reclassification is in accordance with SEBI regulations.

Voting Results

The company has disclosed the detailed voting results for both resolutions:

Resolution 1: Reclassification of Mr. Sanjay Vardhan

Resolution 2: Reclassification of Mr. Shripal Bafna

Implications of the Reclassification

This reclassification may have several implications for the company and its shareholders:

1. Shareholding Structure: The move alters the company's shareholding pattern, potentially affecting the balance between promoter and public shareholding.

2. Regulatory Compliance: The reclassification ensures compliance with SEBI regulations regarding promoter shareholding and public float requirements.

3. Market Perception: The shift of these individuals to the public category may influence market perception of the company's ownership and control structure.

4. Voting Power: The reclassification may impact the overall voting power distribution among shareholders.

It's important to note that this reclassification does not necessarily imply a change in the actual shareholding of these individuals, but rather a change in their categorization within the company's shareholding structure.

VCU Data Management Limited has complied with the necessary regulatory procedures, including obtaining shareholder approval through postal ballot and making appropriate disclosures to the stock exchanges. The company's management has not provided any specific reasons for this reclassification in the available information.

Investors and market participants are advised to consider this corporate action in their assessment of the company's ownership structure and governance practices.

VCU Data Management Limited, a company listed on the Bombay Stock Exchange (BSE: 535572), has announced a significant corporate action that could reshape its ownership structure. The company's Board of Directors has approved a postal ballot to seek shareholder approval for the reclassification of two individuals from the 'Promoter and Promoter Group' category to the 'Public' category.

Key Details of the Postal Ballot

The postal ballot process, which includes remote e-voting facilities, is scheduled to run from October 15, 2025, at 09:00 AM to November 14, 2025, at 05:00 PM. Here are the essential points:

• The reclassification proposal involves Mr. Sanjayvardhan and Mr. Shripal Bafna.
• VKM & Associates has been appointed as the scrutinizer to conduct the postal ballot process and e-voting.
• The process will be carried out in accordance with the Companies Act, 2013.

Background and Regulatory Compliance

This move follows the receipt of a No-objection Certificate from the BSE Limited for the reclassification under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. VCU Data Management had previously received this certificate on October 10, 2025, specifically for the reclassification of Mr. Shripal Bafna.

Implications of Reclassification

If approved by shareholders, this reclassification would alter the company's ownership structure:

• Mr. Sanjayvardhan and Mr. Shripal Bafna would no longer be categorized under 'Promoter and Promoter Group'.
• They would be reclassified under the 'Public' category.
• This change could potentially impact the company's governance and ownership dynamics.

Corporate Governance Perspective

The initiation of this postal ballot demonstrates VCU Data Management's commitment to corporate governance and transparency. By seeking shareholder approval for this reclassification, the company is adhering to regulatory requirements and ensuring that stakeholders have a say in significant changes to the company's ownership structure.

Investors and stakeholders of VCU Data Management Limited should closely monitor this development, as the outcome of the postal ballot could have implications for the company's future direction and governance structure.