Coromandel International Seeks Reclassification of Two Promoter Group Entities
COROMANDEL Coromandel International has applied to NSE and BSE for reclassification of Coromandel Engineering Company Limited (CECL) and Yanmar Coromandel Agrisolutions Private Limited (YCAS) from 'Promoter group' to non-promoter status. Both entities currently hold zero equity shares in the company. The application was formally submitted on September 26, following earlier communications with the stock exchanges. The reclassification is sought under SEBI's Regulation 31A of Listing Obligations and Disclosure Requirements.
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