Dalmia Bharat Sugar Moves to Reclassify Birla Tyres as Public Shareholder

Bharat Sugar and Industries Limited announced that it has submitted applications to BSE Limited (Scrip Code: 500097) and the National Stock Exchange of India Limited (Symbol: DALMIASUG) to reclassify Birla Tyres Limited from the ‘promoter and promoter group’ category to the ‘public’ category. The decision follows a request from Birla Tyres Limited, which was reviewed and approved by Dalmia Bharat Sugar’s board of directors. This reclassification is being pursued in compliance with Regulation 31A(8)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated the development to both stock exchanges, marking a significant step in restructuring its shareholder classifications.