International Conveyors Ltd

🔀 Promoter Reclassification Approved at International Conveyors

- Board approved reclassification of promoters Ms. Smiti Somany and Ms. Pushpa Bagla from 'Promoter and Promoter Group' to 'Public' shareholders.

- The request letters and Board meeting were both dated August 14, 2026.

- The Board noted the applicants are not associated with the company's business and have no influence over business or policy decisions.

- The applicants and related persons do not hold more than ten percent of total voting rights and do not exercise control.

- They have no special rights, are not represented on the board, and do not act as key managerial personnel.

- The Board stated the reclassification will not impact company operations, Board, Management, or Shareholders.